Ethereum Price Prediction: ETH Jumps 4% As Standard Chartered Says Ethereum And ETH Treasury Firms Are Still `Cheap’
The Ethereum price has surged more than 4% in the last 24 hours to trade at $4,594 as of 5 a.m. EST on a 15.8% drop in the daily trading volume to $50.85 billion. This comes as a Standard Chartered report said ETH and Ethereum treasury firms remain undervalued even after a 76% surge in the past year. Global head of digital assets research, Geoffrey Kendrick, maintained his price target of $7,500 by the end of the year, helping boost market sentiment. STANDARD CHARTERED: $ETH is at a great entry point, should hit $7,500 by end of 2025 Here's what they said: – ETH pullback = great entry point – $7,500 year end target for 2025 – Treasury companies + ETFs have already scooped up ~5% of all ETH since June – Ethereum ETFs are… pic.twitter.com/95LofTKmni — Crypto-Gucci.eth ᵍᵐ🦇🔊 (@CryptoGucci) August 26, 2025 The report said Ethereum is the number one platform for smart contracts and DeFi, and Kendrick said utility and se...