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Gate Square New & Returning Creator Rewards are ongoing!
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Ether to hit $40,000 by 2030 beating bitcoin, Standard Chartered says
Source: CryptoNewsNet Original Title: Ether to hit $40,000 by 2030 beating bitcoin, Standard Chartered says Original Link: Investment bank Standard Chartered said ether is positioned to outperform bitcoin despite weaker-than-expected performance across digital assets this cycle.
Bitcoin’s weaker performance has weighed on the broader crypto market, but ether’s relative outlook has improved and the bank expects the ETH-BTC ratio to climb back toward its 2021 highs over time.
Even so, Standard Chartered trimmed its ether forecasts for 2026 through 2028 to reflect ongoing weakness tied to bitcoin’s performance. At the same time, it raised its longer-term outlook, forecasting ether to reach $40,000 by the end of 2030 as the crypto’s structural advantages play out.
The world’s second largest cryptocurrency was trading around $3,100 at publication time.