%{{tag.tag}} {{articledata.title}} {{moment(articledata.cdate)}} @{{articledata.company.replace(" ","")}} comment British bank %StandardChartered (STAN) has lifted its year-end price target on %Ethereum (CRYPTO: $ETH ) to $7,500 U.S. Analyst Geoff Kendrick says the current bull run in Ethereum is just getting started and he has also raised his price target on the %Cryptocurrency to $25,000 U.S. by the end of 2028. Kendrick cites strong institutional demand, favorable regulations, and network upgrades as reasons to remain optimistic about Ethereum and its future prospects. Up more than 50% in the past month, Ethereum is currently the best-performing cryptocurrency and trading right around $4,700 U.S. The second-largest cryptocurrency by market capitalization has been riding high since the passage of the U.S. "GENIUS Act" that paves the way for mainstream stablecoin adoption. More than half of all %Stablecoins are issued on the Ethereum blockchain, lifting demand for the cryptocurrency. Ethereum developers are capitalizing on the moment and aim to boost Layer 1 throughput on the Ether blockchain by 10 times current levels, expanding Layer 2 ecosystems in the process. Another tailwind for ETH is coming from companies that are buying Ethereum for their treasury strategy, said Standard Chartered in its latest crypto report.