- Standard Chartered analyst Geoffrey Kendrick projects Ethereum (ETH) will reach $7,500 in 2026.
- The same forecast predicts ETH could hit $30,000 by 2029 and $40,000 by 2030.
- Those targets imply rallies of about 140.15% to $7,500, 860.6% to $30,000, and 1,180% to $40,000 from current levels.
- CoinGecko data shows ETH set a record high of $4,946.05 in August 2025 and later fell roughly 37%.
- Short-term price moves include a 6.3% gain over 14 days and mixed weekly and daily changes per CoinGecko data.
Standard Chartered analyst Geoffrey Kendrick released a report forecasting that Ethereum (ETH) will reach $7,500 in 2026, with further peaks of $30,000 by 2029 and $40,000 by 2030. Kendrick noted these targets as multi-year milestones and framed 2026 as a pivotal year for the asset. He added, “2026 will be the year of Ethereum, much like 2021 was”.
The $7,500 projection represents roughly a 140.15% rise from current levels, the $30,000 target implies about an 860.6% gain, and $40,000 equates to an approximate 1,180% rally. The report is more bullish than many legacy forecasts but reportedly lower than the firm’s previous estimates.
Market history and recent performance are also cited. According to CoinGecko data, ETH reached an all-time high of $4,946.05 in August 2025 before dropping nearly 37%. Short-term metrics show a 6.3% rise over 14 days, a 0.4% increase over 30 days, a 1.1% decline in the past 24 hours, and a 2.9% fall over the prior week.
The report notes that the broader crypto market has recently followed a downtrend as investors shifted toward safer assets like Gold and silver, which set multiple new highs in recent months. The document links Ethereum’s trajectory to broader market conditions and past bullish cycles, without adding new forecasts beyond the stated price targets.
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