Standard Chartered Forecast: Ethereum (ETH) to Outperform Bitcoin (BTC), Reaching $40,000 by 2030

In a bold new prediction, global banking giant Standard Chartered has forecasted a significant surge for Ethereum (ETH), stating it will outperform Bitcoin (BTC) and reach a price target of $40,000 by 2030. The bank's analysis points to Ethereum's fundamental utility within the decentralized finance (DeFi) and non-fungible token (NFT) ecosystems as key drivers for this growth. Experts at the bank believe ETH's transition to a proof-of-stake consensus mechanism enhances its investment appeal through improved scalability and energy efficiency. This bullish outlook underscores growing institutional confidence in Ethereum's long-term value proposition beyond Bitcoin's store-of-narrative. The $40,000 prediction represents a substantial upside from current levels, highlighting ETH as a major asset in the future of blockchain and digital assets.