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- Ether could hit $8,000 by end-2026, Standard Chartered analyst Geoff Kendrick wrote.
- Improving Ethereum architecture will lower costs, while gaming and tokenization could boost demand.
- Bitcoin's halving, regulatory developments, and the end to the bond market sell-off will also benefit ether.
Improving efficiency and boosted demand will lead to a seismic rise in the world's second largest cryptocurrency, Standard Chartered said in a Wednesday note.
By the end of 2026, ether could reach $8,000, or a 400% jump from today's price of around $1,600.
"We think the path higher for ETH prices may take longer than for BTC, but we see ETH eventually reaching a higher price multiple than BTC relative to current levels (5.0x versus 3.5x)," Head of FX Research, West, and Digital Assets Research Geoff Kendrick wrote.