The post Ethereum Price Target $40,000: Standard Chartered Holds Bullish Outlook appeared first on Coinpedia Fintech News
Standard Chartered has reaffirmed its long-term Ethereum price targets of $4,000 by end-2026 and $40,000 by 2030, maintaining its bullish outlook despite ETH underperforming in recent months. The bank compared Ethereum’s current position to Amazon during the 2001 dot-com crash, arguing that ETH’s price is lagging behind its improving fundamentals and will eventually catch up. …