{"id":30200,"date":"2023-10-11T20:54:03","date_gmt":"2023-10-11T20:54:03","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2023\/10\/11\/ether-could-eventually-be-worth-35000-standard-chartered\/"},"modified":"2023-10-11T20:54:03","modified_gmt":"2023-10-11T20:54:03","slug":"ether-could-eventually-be-worth-35000-standard-chartered","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2023\/10\/11\/ether-could-eventually-be-worth-35000-standard-chartered\/","title":{"rendered":"Ether could eventually be worth $35,000: Standard Chartered"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/07\/art-rachen-qF1XTSiGpqM-unsplash-min-1-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/07\/art-rachen-qF1XTSiGpqM-unsplash-min-1-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/07\/art-rachen-qF1XTSiGpqM-unsplash-min-1-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/07\/art-rachen-qF1XTSiGpqM-unsplash-min-1-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/><img decoding=\"async\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2023\/07\/art-rachen-qF1XTSiGpqM-unsplash-min-1.jpg\" alt=\"ether could be worth $35000 standard chartered\" width=\"100%\" height=\"100%\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li>Analyst Geoff Kendrick explains his tremendous bullish view on Ether.<\/li>\n<li>He expects Ethereum to reclaim its dominance in sensible contracts.<\/li>\n<li>Kendrick additionally sees new makes use of instances as catalyst for worth appreciation.<\/li>\n<\/ul>\n<p>Ether has been in a downtrend over the previous three months however a Standard Chartered analyst stays tremendous bullish on the cryptocurrency.<\/p>\n<h2>The bull case for Ether<\/h2>\n<p>Geoff Kendrick expects Ether to hit $8,000 by the top of 2026 that interprets to a whopping 5x development in about three years.<\/p>\n<p>The analyst is satisfied that <a href=\"https:\/\/coinjournal.net\/news\/tag\/ethereum\/\">Ethereum<\/a> will reclaim its dominance in sensible contracts. New use instances, he added in a analysis word this morning, may even assist drive its worth up transferring ahead.<\/p>\n<blockquote>\n<p>Layer 2 scaling options \u2026 are more likely to develop in significance over time. This ought to assist in \u2026 rising its [EHT\u2019s] P\/E ratio over the following couple of years.<\/p>\n<\/blockquote>\n<p>Earlier this month, <a href=\"https:\/\/coinjournal.net\/news\/grayscale-files-to-convert-its-ethereum-trust-into-a-spot-ethereum-etf\/\">Grayscale<\/a> filed with the Securities &amp; Exchange Commission to transform its Ethereum belief \u2013 the most important Ether funding car on the planet to a Spot ETH exchange-traded fund.<\/p>\n<h2>Layer 2 could assist its PE ratio<\/h2>\n<p><a href=\"https:\/\/ethereum.org\/en\/layer-2\/\" target=\"_blank\" rel=\"noopener\">Layer 2<\/a> options are constructed on Ethereum for effectivity.<\/p>\n<p>The likes of Arbitrum and Optimism additionally assist with stopping transactions from spilling over to a competing community \u2013 which ought to eventually ship a lift to the token\u2019s price-to-earnings ratio, as per Geoff Kendrick.<\/p>\n<blockquote>\n<p>Ethereum\u2019s established dominance in sensible contract platforms, [and] rising makes use of in gaming and tokenization, has the potential to push ETH to $8,000.<\/p>\n<\/blockquote>\n<p>Interestingly, the Standard Chartered analyst stated the <a href=\"https:\/\/coinjournal.net\/news\/\">cryptocurrency<\/a> could even be worth $26,000 to $35,000 eventually however that valuation assumes income streams and use instances which might be but to materialise.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this text<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/ether-could-be-worth-35000-standard-chartered\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Analyst Geoff Kendrick explains his tremendous bullish view on Ether. He expects Ethereum to reclaim its dominance in sensible contracts. Kendrick additionally sees new makes use of instances as catalyst for worth appreciation. Ether has been in a downtrend over the previous three months however a Standard Chartered analyst stays tremendous bullish on the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":25966,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[4],"tags":[6324,911,8230,2762,752],"class_list":["post-30200","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-chartered","tag-ether","tag-eventually","tag-standard","tag-worth","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/30200","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=30200"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/30200\/revisions"}],"predecessor-version":[{"id":30201,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/30200\/revisions\/30201"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/25966"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=30200"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=30200"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/tags?post=30200"}],"curies":[{"name":"w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