Standard Chartered Projects Ethereum to Hit $40,000 by 2030

Standard Chartered Projects Ethereum to Hit $40,000 by 2030

Key Points:

  • Ethereum price set to hit $40,000 by decade’s end.
  • Forecasts for other assets remain unchanged.
  • Geoffrey Kendrick leads the research efforts.

Standard Chartered’s projection for Ethereum’s dramatic price increase emphasizes evolving market drivers and DeFi potential.

Geoffrey Kendrick, Global Head of Digital Assets Research at Standard Chartered, predicts Ethereum may reach $40,000 by 2030 in a recent internal report. “I think 2026 will be the year of Ethereum,” citing improved drivers like stablecoins, RWAs, DeFi dominance, and L1 scaling progress. Kendrick’s focus on DeFi and Layer 1 assets shows anticipated market trends.


Kendrick foresees 2026 as a pivotal year for Ethereum, citing stablecoins and DeFi dominance. The forecasted Ethereum price increase to $40,000 stands out, especially when compared to Bitcoin predictions remaining unchanged.

This report does not directly link to specific financial allocations or new institutional involvements. Market impacts remain speculative, without on-chain data showing immediate changes in liquidity or staking flows influenced by the forecast.


Beyond financial implications, the forecast suggests possible technological advances like improved scalability. Historical trends indicate potential support for Ethereum through Layer 2 protocols. Ethereum’s market role as a core DeFi component strengthens this prediction’s credibility, relying on continued industry momentum.

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