Standard Chartered’s Global Head of Digital Assets Research Geoffrey Kendrick says Ethereum could reach $40,000 by 2030, surpassing Bitcoin. He argues that Ethereum is the preferred platform for banks and institutions building on-chain infrastructure.
Kendrick highlights the growing role of stablecoins and tokenization, noting they may rise from $300 billion to $2 trillion. This shift will drive demand for tokenized money market funds, potentially reaching $750 billion by 2028.
"The key is that institutions are starting on Ethereum Layer 1," Kendrick said. "It’s the safest place to build."
He also forecasts that tokenized assets could grow 50-fold, from $40 billion to $2 trillion, and predicts DeFi integration will expand with regulatory clarity.
At press time, ETH traded at $2,059.