In Standard Chartered, it gave a forecast for Ethereum

By the end of the year, the second year in capitalization of cryptocurrency can reach $ 7,500, and later, by 2028, to surpass $ 28,000, analysts said the British Bank Standard Chartered.

The main factors in the growth of the ether course, banking analysts called the increase in demand from large funds and the cryptocurrency accumulating companies, as well as the American law on Genius stabilcoins.

Since the beginning of the summer, the spotes Eth-ETF and companies with air stocks have acquired almost 3.8% of the total coin offer. Of these, 2.3 million ETH (1.9% of the issue) was for large companies, the rest was provided by exchange funds.

According to British experts, the Ethereum network will be used by developers more and more often, the growth of projects in Ethereum Foundation will continue in second -level networks, such as Base and Arbitrum. This creates the basis not only for short -term growth, but also for a long -term strengthening of the air position as a leading asset in the decentralized finance market (Defi).

Standard Chartered experts retained their forecast for Bitcoin at $ 200,000 by the end of the year and $ 500,000 by 2028 or 2029. One of the reasons for analysts was called a decrease in bitcoin’s volatility.

Earlier, the founder of the financial company MN Consultance, Michall Van de Poppe), said that the ether was able to overcome the key level of resistance, due to which the increase in the quotations of large altcoins will be 200-500%in the next three months.

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Source: Cryptocurrency

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