Standard Chartered Bank predicts that Ethereum will reach $40,000 by 2030.

PANews reported on January 13th that, according to DL News, Standard Chartered Bank predicted in a research report released on January 12th that Bitcoin's weaker-than-expected performance will give Ethereum a chance to outperform Bitcoin and reach $40,000 by 2030. Geoffrey Kendrick, Global Head of Digital Asset Research at Standard Chartered Bank, stated, "2026 will be the year of Ethereum, just like 2021. The improved outlook for Ethereum relative to Bitcoin means that the price ratio between the two assets could return to its 2021 highs."

The bank stated that investments made through ETFs and digital asset vaults have a smaller impact on Ethereum's price performance compared to Bitcoin. Even so, while overall liquidity in cryptocurrency ETFs has weakened, their positive impact on Ethereum is currently greater than on Bitcoin. Furthermore, Ethereum developers are working to increase the transaction throughput of the Ethereum blockchain tenfold over the next two to three years, which, if successful, would provide a significant boost to Ethereum. Finally, the passage of the US Clarity Act will also benefit Ethereum and its vast on-chain ecosystem. Standard Chartered Bank expects the Clarity Act to pass in the first quarter of 2026.

The report reiterated its forecast that Bitcoin will reach $500,000 by 2030, while lowering its near-term price targets for Ethereum, reducing the 2026 target from $12,000 to $7,500 and the 2027 target from $18,000 to $15,000.