Ethereum’s Recent Price Rally Could Stick, Says Standard Chartered

Ethereum (ETH) has seen a meaningful rebound after a tough period alongside the broader crypto market. Even though prices dipped with other digital assets recently, Standard Chartered’s digital asset research head, Geoff Kendrick, says the factors behind ETH’s rally may support a more durable uptrend.

Kendrick points to several structural positives driving this view: Ethereum’s dominant role in stablecoins, growing adoption for decentralized finance (DeFi) and real-world tokenization, and improvements on the network itself. Those fundamentals, he argues, distinguish ETH from other crypto assets and give it a chance to outperform, especially versus Bitcoin.

Institutional flows — like increasing demand from spot ETH products and treasuries accumulating ETH — also play a part in this bullish scenario, helping support both price and market confidence. Potential regulatory clarity in the U.S., such as progress on the CLARITY Act, could further strengthen the outlook by creating clearer rules for digital assets.

While Standard Chartered has trimmed short-term price targets because of broader market weakness, the bank remains confident that Ethereum’s underlying demand and ecosystem developments could keep the rally alive through 2026 and beyond.