CAN ETHEREUM RECLAIM 2021 HIGHS VS BITCOIN? Standard Chartered’s Geoff Kendrick is bullish on Ethereum. He says the disconnect between ETH’…
CAN ETHEREUM RECLAIM 2021 HIGHS VS BITCOIN?
Standard Chartered’s Geoff Kendrick is bullish on Ethereum. He says the disconnect between ETH’s strong fundamentals and weak price is temporary.
ETH has fallen 57% to ~$2,100 since August 2025, with the ETH/BTC ratio down 37%. Yet transactions and TVL remain near all-time highs.
The bank compares it to Amazon in the 2001 dot-com crash and expects ETH to catch up. It keeps its targets: $4,000 by end-2026 and $40,000 by end-2030, which would restore the ETH/BTC ratio to its 2021 peak (~0.08).
Key drivers: Ethereum’s 50-65% dominance in stablecoins and tokenized RWAs, both set for massive growth.
More from Walter Bloomberg
- Thu, 28 May 2026 16:22:46 GMTSPOT GOLD EXTENDS GAINS, LAST UP NEARLY 1% AT $4,498.63/OZ
- Thu, 28 May 2026 16:16:46 GMT🚨 US-IRAN MEMORANDUM OF UNDERSTANDING ON 60-DAY CEASEFIRE EXTENSION REACHED BUT TRUMP MUST STILL APPROVE -SOURCE FAMILIAR WITH THE MATTER
- Thu, 28 May 2026 15:23:43 GMTUS OFFICIAL: STRAIT OF HORMUZ INCIDENTS DO NOT THREATEN IRAN TALKS
- Thu, 28 May 2026 14:49:31 GMTIRAN–U.S. DEAL REPORTEDLY BLOCKED AT TOP LEVELS A source cited by i24NEWS claims that while an agreement was reached between Iranian negoti…
- Thu, 28 May 2026 14:41:22 GMTOMAN SHOULD KNOW THAT U.S. TREASURY WILL TARGET ANY ACTORS INVOLVED IN FACILITATING TOLLS FOR STRAIT OF HORMUZ -BESSENT
- Thu, 28 May 2026 14:40:42 GMTANY WILLING PARTNERS IN TOLLING IN STRAIT OF HORMUZ WILL BE PENALIZED -BESSENT
- Thu, 28 May 2026 14:31:42 GMTWHITE HOUSE DAILY CALENDAR — MAY 28, 2026 🔸08:00 AM — Executive Time (Closed Press) 🔸09:00 AM — In-Town Pool Call Time 🔸10:00 AM — Pre-T…
- Thu, 28 May 2026 14:19:55 GMTU.S. TREASURY YIELDS FALL AFTER AXIOS REPORTS US AND IRAN REACH DEAL TO EXTEND CEASEFIRE BUT NEEDS TRUMP OK; YIELD ON 10-YEAR TREASURY NOTE…