Standard Chartered: Ethereum will reach $ 40,000 by 2030

Cryptocurrency market analysts have noted a sharp recovery in Ethereum: in January 2026, the price rose by 14% to reach $ 3,400 for the first time since mid-December. The main impetus came on January 13 after softer US inflation data and President Donald Trump’s calls for Fed rate cuts.

According to investor Garrett Bullish, known as the «White House whale,» ETH has entered the fifth wave of the Elliot model’s rising channel. He predicts a base target of $ 5,413 and an aggressive target of $ 7,155, which means a potential increase of 60% or even double the current level. Bullish himself holds a long position in ETH worth more than $ 600 million and believes that the conflict between Fed Chairman Jerome Powell and the White House creates favorable conditions for the crypto market.

An additional factor is geopolitical events: according to Gemini, the average profit after the conflicts in the Middle East was 14% for BTC and 27% for ETH in 30 days, and 20% and 39% for 90 days, respectively.

The optimistic forecasts for Ethereum are confirmed by Standard Chartered Bank, which expects $ 7,500 in 2026, $ 15,000 in 2027, and $ 40,000 by 2030. According to analysts, the risks of quantum technologies may limit Bitcoin’s potential, while ETH has a chance to outperform it.

Technical indicators also support a positive scenario. The ETH/BTC ratio, which reflects the relative dynamics of ETH versus BTC, has been recovering since December after falling in the second half of 2025. the 200-day average line has become a key support, and its maintenance could push ETH above $ 4,000.

Thus, the first quarter of 2026 may be crucial for Ethereum: a combination of macroeconomic factors, reduced supply on exchanges, and technical signals creates conditions for further price growth.