Ethereum Surges 29%, Eyes New All-Time High

Ethereum Surges 29%, Eyes New All-Time High
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Ethereum (ETH) has surged 29% in the past week, nearing its all-time high. Standard Chartered has revised its bullish price targets, predicting ETH could reach $7,500 by year-end. Key drivers include ETF inflows and regulatory progress.

  • Standard Chartered raises Ethereum's year-end target to $7,500 and sets a 2028 target of $25,000.
  • Ethereum ETFs record $1 billion in daily inflows, with $8.2 billion accumulated year-to-date.
  • Institutional holdings of ETH reach 865,000 as public companies adopt Ethereum treasury strategies.
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