Ethereum Price Could Reach $10,000 Soon – SCB

Standard Chartered Bank foresees that the Ethereum price could hit $10,000 in the next few years, predicting that Bitcoin’s price reach $200,000.

The UK’s leading bank, Standard Chartered (SCB), has predicted that the Ethereum price will hit $10,000 in the next few years. According to the banking giant, Ethereum (ETH) is not the only asset poised for further uptrend as Bitcoin (BTC) is expected to double its all-time high by reaching $200,000.

Donald Trump’s election win and the Federal Reserve’s 25-basis-point interest rate cut this week have sparked positive momentum for the broader crypto market.

Market Cap Could Quadruple by 2026

Furthermore, Standard Chartered projected that the cryptocurrency market’s total market capitalization will quadruple by the US mid-term elections in 2026. With the current crypto market cap hovering around $2.5 trillion, this forecast means the industry’s overall valuation could reach $10 trillion if it comes true.

Head of Research Geoffrey Kendrick cites momentum in market developments and a potentially favorable regulatory environment as key factors propelling this growth. Kendrick remarked that this forecast could encourage institutional and individual investors to become more involved in the market, improving liquidity and providing a strong basis for the industry’s growth.

Ethereum Price on Track to Reach New Highs

Given its success in the most recent market conditions, the company predicts that the Ethereum price could reach this milestone as early as the end of 2025. According to Kendrick, Ethereum is poised for substantial gains that might propel it to the forefront of the next cryptocurrency bull run due to increased investor interest.

Furthermore, Ether has an edge over other assets due to its distinct position as a platform of choice for smart contracts and decentralized applications (dApps) in the crypto market. Hence, this predicted Ethereum price increase could be attributed to the expanding use cases of projects built on this blockchain and the increased use of blockchain technology.

Are Crypto-Friendly Policies on the Horizon?

Notably, the regulatory landscape will significantly influence the future of digital assets in the United States. According to Kendrick, Donald Trump’s administration may usher in crypto-friendly laws.

He added that the US Securities and Exchange Commission (SEC) could make more liberal decisions regarding overseeing cryptocurrency assets due to the Republican administration’s support for the sector. This development may further shape the regulatory environment, which has reignited talks about SEC Chair Gary Gensler’s potential departure.

A change in the SEC’s head position would encourage broader use of digital assets and pave the way for developments in financial services based on blockchain technology. Some analysts even hypothesize that Bitcoin would be included in the US strategic reserves under such an administration.

These trends highlight the growing significance of cryptocurrencies in the domestic economy.

Ethereum ETF Inflows and Ethereum Price Performance

Meanwhile, recent developments in Ether ETF flows show strong investor interest in addition to the positive market forecast. For instance, $59.8 million was recently invested in the BlackRock Ethereum ETF (ETHA), and another $18.4 million was invested in Fidelity’s FETH.

These inflows show increased demand for financial products based on Ethereum, which is good news for the altcoin market. BlackRock’s Ether ETF inflows totaling $1.4 billion demonstrate investor confidence in Ether’s long-term growth.

Nevertheless, Ethereum ETFs trail their Bitcoin equivalents in terms of inflows. However, given that investors are looking forward to a possible altcoin season, the growing interest in Ethereum ETFs is a cause for optimism.

Ethereum Price Performance Outpaces BTC

Lately, ETH posted a weekly gain of 21.6%, surpassing BTC’s 9.9%. This performance shows that Ethereum’s potential to compete with Bitcoin as a store of value is becoming more widely accepted.

Ether has had a 90-day accumulation phase and flipped its 200-day moving average (DMA). Hence, some analysts predict that the asset may witness a sustained rally, which could signal the beginning of a long-term bull run.