Ethereum has struggled alongside Bitcoin through the current bear market climate but this has not stopped bullish predictions for the digital asset. The most recent bullish prediction comes from British multinational bank Standard Chartered which believes that the Ethereum price could climb higher than $8,000.
Factors That Could Trigger The Rise
Geoff Kendrick, Head of Digital Assets Research at Standard Chartered Bank has revealed his forecast for the Ethereum price in a research note. According to the researcher, he sees big things in the future of the digital asset which could climb higher than $8,000 in the coming years.
Talking about the asset’s valuation, Kendrick points toward the many use cases for Ethereum that have emerged over the years but also sees more use cases emerging as time goes on. One of those is the much-coveted gaming and asset tokenization sector.
Also, the Standard Chartered researcher said that they expect that Ethereum will see more growth than the pioneer cryptocurrency, Bitcoin. While he expects Bitcoin to rise 3.5x, they believe Ethereum will rise 5 from current levels.
“We think the path higher for ETH prices may take longer than for BTC, but we see ETH eventually reaching a higher price multiple than BTC relative to current levels (5.0x versus 3.5x),” the researcher said.
He also believes that Ethereum would go on to further register its dominance in the space, especially with the Layer 2 blockchains such as Arbitrum that have popped up to enhance the network. This, he believes, would lead to an increase in the Ethereum profit-earnings ratio (P/E ratio).
ETH price succumbs to bear pressure | Source: ETHUSD on Tradingview.com
Ethereum Could Climb Above $8,000
In terms of actual dollar values, $8,000 is not the only figure that the researcher dropped for the Ethereum price. The expectations for the digital asset exceed this four-digit figure right into the five-digit territory as Kendrick believes ETH could rise to anywhere between $26,000 and $35,000.
As for when this might happen, the researcher seems to be targeting the next bull market as he expects the factors that will drive this value growth to happen between 2025-2026. “We see the $8,000 level as a stepping stone to our long-term ‘structural’ valuation estimate of $26,000-$35,000,” he said in the note. Then beyond this, the researcher expects the price to continue to rise.
This is not the first time that Kendrick has released a bullish prediction for cryptocurrencies. He previously said he expects the price of Bitcoin to reach $120,000 and the entire crypto market to rise as well. However, it seems the researcher is much more bullish on ETH.
Not everyone has provided bullish forecasts for ETH though. One crypto analyst actually believes that the digital asset is set for more decline. In the analyst, FieryTrading suggests that Ethereum’s price could fall as low as $900.
I have read several just right stuff here. Certainly value bookmarking for revisiting. I surprise how a lot effort you put to make this type of great informative site.
I am often to blogging and i really appreciate your content. The article has really peaks my interest. I am going to bookmark your site and keep checking for new information.
hi!,I really like your writing very so much! proportion we keep in touch more approximately your post on AOL? I require a specialist in this house to resolve my problem. May be that is you! Looking ahead to peer you.
Some really interesting info , well written and broadly speaking user pleasant.
You made some clear points there. I looked on the internet for the issue and found most guys will consent with your blog.
I consider something truly interesting about your web blog so I saved to my bookmarks.
Very interesting topic, appreciate it for posting. “Nothing great was ever achieved without enthusiasm.” by George Ellis.
Regards for this post, I am a big big fan of this site would like to go along updated.
Nice post. I learn something more challenging on different blogs everyday. It will always be stimulating to read content from other writers and practice a little something from their store. I’d prefer to use some with the content on my blog whether you don’t mind. Natually I’ll give you a link on your web blog. Thanks for sharing.
That is the proper weblog for anybody who wants to find out about this topic. You notice so much its virtually onerous to argue with you (not that I truly would want…HaHa). You positively put a new spin on a subject thats been written about for years. Great stuff, simply nice!
That is really fascinating, You’re an excessively skilled blogger. I’ve joined your feed and look forward to in quest of extra of your great post. Also, I’ve shared your website in my social networks!
The next time I read a weblog, I hope that it doesnt disappoint me as much as this one. I imply, I do know it was my choice to learn, however I really thought youd have something interesting to say. All I hear is a bunch of whining about one thing that you could possibly repair if you werent too busy searching for attention.
Needed to post you this little note in order to thank you once again with the spectacular strategies you have featured on this site. It’s really surprisingly generous of you to make easily just what most of us would’ve supplied for an e-book in making some money for themselves, chiefly considering the fact that you might have done it in the event you considered necessary. The things also acted like a good way to be sure that the rest have the same zeal just like my own to learn more when considering this problem. I’m sure there are many more pleasurable situations in the future for individuals that scan through your blog post.
Way cool, some valid points! I appreciate you making this article available, the rest of the site is also high quality. Have a fun.
Good day! This is kind of off topic but I need some help from an established blog. Is it difficult to set up your own blog? I’m not very techincal but I can figure things out pretty fast. I’m thinking about creating my own but I’m not sure where to begin. Do you have any tips or suggestions? Many thanks
Can I just say what a aid to seek out somebody who truly knows what theyre talking about on the internet. You positively know how one can carry a difficulty to light and make it important. Extra folks need to read this and perceive this facet of the story. I cant believe youre not more popular since you undoubtedly have the gift.
Along with everything that seems to be developing inside this specific subject material, your opinions are generally rather stimulating. On the other hand, I am sorry, but I do not subscribe to your whole strategy, all be it radical none the less. It seems to everyone that your commentary are generally not totally validated and in simple fact you are your self not totally convinced of the argument. In any event I did appreciate examining it.
I am extremely impressed with your writing skills and also with the layout on your weblog. Is this a paid theme or did you modify it yourself? Either way keep up the nice quality writing, it’s rare to see a great blog like this one today..
Hi there! Do you know if they make any plugins to help with Search Engine Optimization? I’m trying to get my blog to rank for some targeted keywords but I’m not seeing very good gains. If you know of any please share. Kudos!
Hi! I just wanted to ask if you ever have any issues with hackers? My last blog (wordpress) was hacked and I ended up losing several weeks of hard work due to no data backup. Do you have any solutions to protect against hackers?
Does your blog have a contact page? I’m having problems locating it but, I’d like to send you an e-mail. I’ve got some suggestions for your blog you might be interested in hearing. Either way, great site and I look forward to seeing it grow over time.
Thanks – Enjoyed this update, can I set it up so I get an update sent in an email when there is a fresh article?
As a Newbie, I am permanently browsing online for articles that can benefit me. Thank you
That is really interesting, You’re an overly professional blogger. I have joined your feed and look forward to in quest of more of your magnificent post. Also, I’ve shared your website in my social networks!
Fantastic goods from you, man. I’ve have in mind your stuff previous to and you’re just too wonderful. I really like what you’ve obtained right here, certainly like what you are saying and the best way during which you say it. You make it entertaining and you continue to take care of to stay it smart. I can not wait to learn far more from you. That is actually a wonderful web site.
Hello there! Do you know if they make any plugins to assist with Search Engine Optimization? I’m trying to get my blog to rank for some targeted keywords but I’m not seeing very good results. If you know of any please share. Thank you!
Hello! I’ve been reading your weblog for a long time now and finally got the courage to go ahead and give you a shout out from Houston Texas! Just wanted to say keep up the good work!
Would you be excited about exchanging hyperlinks?
Thanks for another informative web site. Where else could I get that kind of information written in such a perfect way? I’ve a project that I’m just now working on, and I’ve been on the look out for such information.
Kantorbola99 menawarkan pengalaman bermain slot online yang menyenangkan. Platform ini menyediakan beragam pilihan game menarik. Pemain dapat menikmati tampilan grafis berkualitas tinggi.
Kantorbola merupakan pilihan terbaik bagi para penggemar slot online di Indonesia. Dengan berbagai permainan menarik, bonus melimpah, keamanan terjamin, dan layanan pelanggan yang unggul.
Sweet internet site, super pattern, really clean and use genial.
you’re in reality a just right webmaster. The web site loading pace is incredible. It sort of feels that you’re doing any unique trick. Moreover, The contents are masterpiece. you have done a great process in this matter!
You should take part in a contest for among the finest blogs on the web. I will advocate this website!
Thank you, I have just been searching for information about this subject for ages and yours is the greatest I have discovered so far. But, what about the conclusion? Are you sure about the source?
Does your site have a contact page? I’m having trouble locating it but, I’d like to send you an email. I’ve got some recommendations for your blog you might be interested in hearing. Either way, great blog and I look forward to seeing it develop over time.
Thank you for the sensible critique. Me and my neighbor were just preparing to do some research about this. We got a grab a book from our area library but I think I learned more clear from this post. I’m very glad to see such excellent info being shared freely out there.
Some truly prime content on this web site, saved to favorites.
Wohh just what I was looking for, regards for posting.
I’ve recently started a website, the information you offer on this site has helped me tremendously. Thank you for all of your time & work.
Very interesting subject, appreciate it for putting up. “We need not think alike to love alike.” by Francis David.
This website online is really a walk-via for all the info you needed about this and didn’t know who to ask. Glimpse right here, and also you’ll positively uncover it.
I like this internet site because so much useful material on here : D.
The content is well-organized and highly informative.
The content is engaging and well-structured, keeping visitors interested.
I love how user-friendly and intuitive everything feels.
I love how user-friendly and intuitive everything feels.
I’m really impressed by the speed and responsiveness.
The design and usability are top-notch, making everything flow smoothly.
This site truly stands out as a great example of quality web design and performance.
I’m really impressed by the speed and responsiveness.
I love how user-friendly and intuitive everything feels.
The layout is visually appealing and very functional.
A perfect blend of aesthetics and functionality makes browsing a pleasure.
Japan is definitely on my bucket list! The mix of tradition and modernity is fascinating, and the food alone is enough reason to visit.
Live concerts have a special magic. No recording can ever capture that raw energy of the crowd and the artist performing in the moment.
Christopher Nolan’s storytelling is always mind-blowing. Every movie feels like a masterpiece, and the way he plays with time and perception is just genius.
Japan is definitely on my bucket list! The mix of tradition and modernity is fascinating, and the food alone is enough reason to visit.
Consistency is key in fitness. You won’t see results overnight, but every workout counts. The small efforts add up over time and create real change.
Nothing beats homemade pasta. The texture and flavor are just on another level compared to store-bought versions. Cooking from scratch is truly an art.
SLIMJARO
Currently it sounds like Movable Type is the best blogging platform available right now. (from what I’ve read) Is that what you’re using on your blog?
AQUA SCULPT REVIEW
Very interesting topic, thankyou for posting. “The great leaders have always stage-managed their effects.” by Charles De Gaulle.
I really appreciate this post. I?¦ve been looking everywhere for this! Thank goodness I found it on Bing. You’ve made my day! Thanks again
All knowledge, it is said, comes from experience, but does that not mean that the more we experience, the wiser we become? If wisdom is the understanding of life, then should we not chase every experience we can, taste every flavor, walk every path, and embrace every feeling? Perhaps the greatest tragedy is to live cautiously, never fully opening oneself to the richness of being.
All knowledge, it is said, comes from experience, but does that not mean that the more we experience, the wiser we become? If wisdom is the understanding of life, then should we not chase every experience we can, taste every flavor, walk every path, and embrace every feeling? Perhaps the greatest tragedy is to live cautiously, never fully opening oneself to the richness of being.
I have been surfing online greater than three hours today, but I by no means discovered any attention-grabbing article like yours. It?¦s lovely price enough for me. In my view, if all website owners and bloggers made just right content as you probably did, the net shall be much more helpful than ever before.
Even the gods, if they exist, must laugh from time to time. Perhaps what we call tragedy is merely comedy from a higher perspective, a joke we are too caught up in to understand. Maybe the wisest among us are not the ones who take life the most seriously, but those who can laugh at its absurdity and find joy even in the darkest moments.
Time is often called the soul of motion, the great measure of change, but what if it is merely an illusion? What if we are not moving forward but simply circling the same points, like the smoke from a burning fire, curling back onto itself, repeating patterns we fail to recognize? Maybe the past and future are just two sides of the same moment, and all we ever have is now.
Man is said to seek happiness above all else, but what if true happiness comes only when we stop searching for it? It is like trying to catch the wind with our hands—the harder we try, the more it slips through our fingers. Perhaps happiness is not a destination but a state of allowing, of surrendering to the present and realizing that we already have everything we need.
All knowledge, it is said, comes from experience, but does that not mean that the more we experience, the wiser we become? If wisdom is the understanding of life, then should we not chase every experience we can, taste every flavor, walk every path, and embrace every feeling? Perhaps the greatest tragedy is to live cautiously, never fully opening oneself to the richness of being.
The potential within all things is a mystery that fascinates me endlessly. A tiny seed already contains within it the entire blueprint of a towering tree, waiting for the right moment to emerge. Does the seed know what it will become? Do we? Or are we all simply waiting for the right conditions to awaken into what we have always been destined to be?
The cosmos is said to be an ordered place, ruled by laws and principles, yet within that order exists chaos, unpredictability, and the unexpected. Perhaps true balance is not about eliminating chaos but embracing it, learning to see the beauty in disorder, the harmony within the unpredictable. Maybe to truly understand the universe, we must stop trying to control it and simply become one with its rhythm.
The essence of existence is like smoke, always shifting, always changing, yet somehow always present. It moves with the wind of thought, expanding and contracting, never quite settling but never truly disappearing. Perhaps to exist is simply to flow, to let oneself be carried by the great current of being without resistance.
Time is often called the soul of motion, the great measure of change, but what if it is merely an illusion? What if we are not moving forward but simply circling the same points, like the smoke from a burning fire, curling back onto itself, repeating patterns we fail to recognize? Maybe the past and future are just two sides of the same moment, and all we ever have is now.
I like this site because so much useful material on here : D.
I and my friends happened to be viewing the best strategies from your site and the sudden came up with a terrible feeling I never expressed respect to the web site owner for those tips. My ladies had been absolutely happy to see them and have surely been using them. We appreciate you actually being quite considerate and also for selecting varieties of fabulous subject matter most people are really desirous to understand about. My honest regret for not saying thanks to sooner.
Hi there, i read your blog from time to time and i own a similar one and i was just wondering if you get a lot of spam responses? If so how do you protect against it, any plugin or anything you can recommend? I get so much lately it’s driving me insane so any support is very much appreciated.
Needed to draft you this little bit of word to give many thanks over again for those gorgeous tactics you have documented in this article. It is certainly seriously open-handed of people like you in giving easily just what most of us might have offered for sale as an ebook in making some money for their own end, chiefly now that you might have tried it if you ever desired. Those good tips in addition served like the good way to fully grasp many people have similar zeal the same as my own to find out good deal more in regard to this problem. I believe there are a lot more pleasant opportunities ahead for those who browse through your site.
Nice blog here! Also your website loads up fast! What host are you using? Can I get your affiliate link to your host? I wish my website loaded up as quickly as yours lol
I really appreciate this post. I have been looking everywhere for this! Thank goodness I found it on Bing. You have made my day! Thank you again
As soon as I detected this web site I went on reddit to share some of the love with them.
That is the best blog for anybody who wants to seek out out about this topic. You notice so much its almost exhausting to argue with you (not that I really would need…HaHa). You undoubtedly put a new spin on a subject thats been written about for years. Great stuff, just nice!
The cosmos is said to be an ordered place, ruled by laws and principles, yet within that order exists chaos, unpredictability, and the unexpected. Perhaps true balance is not about eliminating chaos but embracing it, learning to see the beauty in disorder, the harmony within the unpredictable. Maybe to truly understand the universe, we must stop trying to control it and simply become one with its rhythm.
The cosmos is said to be an ordered place, ruled by laws and principles, yet within that order exists chaos, unpredictability, and the unexpected. Perhaps true balance is not about eliminating chaos but embracing it, learning to see the beauty in disorder, the harmony within the unpredictable. Maybe to truly understand the universe, we must stop trying to control it and simply become one with its rhythm.
Time is often called the soul of motion, the great measure of change, but what if it is merely an illusion? What if we are not moving forward but simply circling the same points, like the smoke from a burning fire, curling back onto itself, repeating patterns we fail to recognize? Maybe the past and future are just two sides of the same moment, and all we ever have is now.
Great – I should certainly pronounce, impressed with your site. I had no trouble navigating through all the tabs as well as related information ended up being truly simple to do to access. I recently found what I hoped for before you know it at all. Quite unusual. Is likely to appreciate it for those who add forums or something, website theme . a tones way for your client to communicate. Excellent task..
Hiya very cool web site!! Guy .. Beautiful .. Amazing .. I will bookmark your web site and take the feeds additionally?KI am happy to find a lot of helpful information right here within the submit, we want develop more strategies in this regard, thanks for sharing. . . . . .