Ethereum Could Hit $40,000 And Beat Bitcoin, Standard Chartered Says

Standard Chartered’s Global Head of Digital Assets Research Geoffrey Kendrick said Ethereum could climb to $40,000 by 2030 and outperform Bitcoin along the way, arguing that the next wave of tokenization, stablecoin growth, and institutional blockchain buildout is likely to land first on Ethereum. Speaking in a Milk Road interview with John Gillen, Kendrick tied his ETH thesis directly to how traditional finance is approaching on-chain infrastructure. His argument was not that Ethereum wins because of narrative momentum, but because it looks like the safest place for banks, asset managers, and large institutions to start building. Why Ethereum Could Outperform Bitcoin Back in January, Kendrick had published a report titled Ethereum outperformance expected. In the interview, he acknowledged that ETH has struggled on price since then, but said the underlying setup remains intact. “The interesting part here for Ethereum is as tradfi gets involved, tradfi is okay to build stuff on Ethereum