Standard Chartered recently made a bold prediction about Ethereum 
$3,042He increased hopes in the cryptocurrency market by predicting that it will reach $ 10,000 in the coming period. Additionally, the report stated that Bitcoin 
$76,601It is also expected to exceed $200,000 with a strong rise. This prediction comes as there is a positive momentum in the digital assets space, driven by developments such as Donald Trump’s election victory and the 25 basis point Fed interest rate cut this week.
High Goals for Ethereum and Bitcoin
According to the latest report by Standard Chartered, the total market value of the cryptocurrency market is expected to quadruple by the US mid-term elections at the end of 2026. The crypto market, whose current market value is approximately 2.5 trillion dollars, is expected to reach 10 trillion dollars in line with this estimate.
Additionally, the leading financial institution reiterated its $10,000 target for Ethereum. The firm stated that the second-ranked crypto in terms of market capitalization could exceed this level by the end of 2025, providing additional assurance on the current strong market rally.
Crypto-Friendly Policies in the Trump Era
“Donald Trump’s presidency will encourage the adoption of crypto-friendly policies and increase the adoption of digital assets in the short term.” – Geoffrey Kendrick, Head of Research at Standard Chartered
Geoffrey Kendrick, Head of Research at Standard Chartered, listed the Republican victory, the projected clear regulatory path and other factors as factors supporting this optimistic forecast. Kendrick stated that Trump’s presidency’s promotion of crypto-friendly policies will increase the adoption of digital assets.
Additionally, the firm expects the US SEC to take a lenient stance towards cryptocurrency markets under a Republican administration. This, along with recent reports that SEC Chairman Gary Gensler may leave his post later this year, has sparked controversy.
Increasing Interest in the Crypto Market
Leading crypto market expert Ali Martinez stated that Ethereum breaking $3,000 is “just the beginning” of the bull market. Martinez previously said that ETH could follow a trend similar to the S&P 500 and reach $10,000 in the coming days.
Additionally, ETH price surpassed the $3,000 level, up 4% today, and trading volume reached $32.76 billion. Ether Futures Open Interest also increased by 4%, reflecting market confidence in the leading altcoin, Ethereum.
Next Steps and Expectations
Standard Chartered also reiterated its prediction that Bitcoin will reach $200,000. According to the report, leading altcoins such as Bitcoin and Solana are among the assets that will benefit the most under new management. It was also stated that the USA’s acceptance of Bitcoin as a strategic reserve could support a strong rise of cryptocurrencies. However, it was stated that the probability of such a development is low.
Finally, ETH price analysis shows that the crypto’s next target is $4,000. This supports the potential for Ethereum to rise up to $10,000 by next year.
These positive developments in the cryptocurrency market offer new opportunities for investors. The achievement of high targets by major cryptocurrencies such as Ethereum and Bitcoin could be an important turning point in terms of digital asset adoption and market dynamics.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
