Standard Chartered Predicts Ethereum’s Remarkable Surge by 2026
Key Takeaways
- Standard Chartered forecasts Ethereum (ETH) will reach $7,500 by the end of 2026.
- BitMine bolsters its position as a leading Ethereum holder, surpassing 4.16 million ETH.
- Ethereum’s significant liquidity and DeFi growth anticipate a skyrocketing price up to $25,000 by 2028, according to Standard Chartered.
- Bitfinex’s report indicates potential “break-even selling pressure” for Bitcoin, with resistance expected at certain price levels.
WEEX Crypto News, 12 January 2026
Ethereum’s Projected Growth Path
Standard Chartered has forecasted a promising future for Ethereum, with expectations that 2026 will mark a pivotal year. In a bold prediction, the financial institution envisions Ethereum reaching a price of $7,500 by the year’s end, projecting further growth to $15,000 by 2027 and $22,000 by 2028. This optimistic outlook is rooted in Ethereum’s strengthening fundamentals, contrasting against recent Bitcoin market performance struggles. Geoffrey Kendrick, Standard Chartered’s Global Head of Digital Assets Research, emphasized Ethereum’s potential to surpass its crypto counterparts in 2026, akin to its remarkable performance in 2021.
This enthusiasm is further fueled by the anticipated rise of stablecoins and tokenized real-world assets predominantly settling on the Ethereum network. These markets are expected to ascend to a valuation of $2 trillion by 2028, with Ethereum at the heart of this expansion.
BitMine’s Strategic Ethereum Accumulation
In alignment with Ethereum’s prospective rise, BitMine has strategically increased its Ethereum holdings. The company recently boosted its ETH inventory by 24,200 tokens, raising its total to over 4.16 million ETH. This accumulation not only affirms BitMine’s status as a dominant player in the Ethereum space but also represents a strong vote of confidence in the digital asset’s future potential.
This significant expansion in holdings underscores BitMine’s commitment to capitalizing on Ethereum’s projected upward trajectory amid broader market uncertainties. The organization’s strategic positioning is indicative of the institutional belief in Ethereum’s growth narrative and the impending market movements that could drive such a transformation.
Market Dynamics and Broader Implications
The forecasted growth of Ethereum aligns with broader market dynamics, where regulatory “pivotal changes” could enhance liquidity and propel decentralized finance (DeFi) applications, further fueling Ethereum’s demand. As stablecoins continue to account for a substantial portion of blockchain fees, mainly issued on Ethereum, the network’s influence seems poised to expand.
However, this prospective growth is not without its challenges. Recently, Bitfinex’s report highlighted potential resistance levels for Bitcoin, crucially ranging from $92,100 to $117,400. As Bitcoin approaches these price ranges, there may be increased “break-even selling pressure,” implying significant market resistance. These dynamics are important for investors to consider as they navigate the intertwined fates of Bitcoin and Ethereum within the digital asset landscape.
The Future Outlook: Confidence in Ethereum
The anticipated upward trajectory of Ethereum by Standard Chartered reflects a broader optimism towards its market potential. The forecast underscores a likely scenario where Ethereum continues to benefit from the burgeoning interest in decentralized applications and increasing institutional adoption. With the platform at the forefront of innovative blockchain solutions, the path to higher valuations appears supported by solid fundamentals and strategic market moves.
Moreover, the anticipation of Ethereum soaring to $25,000 by 2028, as highlighted by Standard Chartered, signifies a significant shift from previous estimates and showcases the evolving sentiment towards its market capabilities. This outlook, buoyed by institutional enthusiasm and consistent network expansions, paints a promising picture for Ethereum as a cornerstone of the future digital asset ecosystem.
Frequently Asked Questions
How confident is Standard Chartered about Ethereum reaching $7,500 by 2026?
Standard Chartered has expressed high confidence in Ethereum’s potential, projecting it to reach $7,500 by the end of 2026. This optimism is backed by expectations of improving market fundamentals and Ethereum’s position in digital assets.
Why is BitMine increasing its Ethereum holdings?
BitMine has increased its Ethereum holdings to over 4.16 million ETH. This move is part of a strategic decision to leverage Ethereum’s expected market growth, aligning with Standard Chartered’s optimistic forecasts.
What factors contribute to Ethereum’s projected surge to $25,000 by 2028?
Ethereum’s projected surge to $25,000 by 2028 is attributed to increased liquidity, anticipated DeFi growth, and the pivotal changes anticipated in blockchain regulation, which are expected to fuel ETH demand.
What does Bitfinex’s report say about Bitcoin’s market resistance?
Bitfinex’s report highlights that Bitcoin might face “break-even selling pressure” within its key resistance range of $92,100 to $117,400. This resistance could signal potential market volatility and price stability challenges.
How might Ethereum’s dominance affect other cryptocurrencies?
Ethereum’s anticipated growth and dominance could influence other cryptocurrencies by setting a precedent for network utility and application. Its success might drive innovation and adoption across the broader cryptocurrency ecosystem.
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On March 16, 2026, in Dallas, Texas, USA, CanGu Company (New York Stock Exchange code: CANG, hereinafter referred to as "CanGu" or the "Company") today announced its unaudited financial performance for the fourth quarter and full year ended December 31, 2025. As a btc-42">bitcoin mining enterprise relying on a globally operated layout and dedicated to building an integrated energy and AI computing power platform, CanGu is actively advancing its business transformation and infrastructure development.
• Financial Performance:
Total revenue for the full year 2025 was $688.1 million, with $179.5 million in the fourth quarter.
Bitcoin mining business revenue for the full year was $675.5 million, with $172.4 million in the fourth quarter.
Full-year adjusted EBITDA was $24.5 million, while the fourth quarter was -$156.3 million.
• Mining Operations and Costs:
A total of 6,594.6 bitcoins were mined throughout the year, averaging 18.07 bitcoins per day; of which 1,718.3 bitcoins were mined in the fourth quarter, averaging 18.68 bitcoins per day.
The average mining cost for the full year (excluding miner depreciation) was $79,707 per bitcoin, and for the fourth quarter, it was $84,552;
The all-in sustaining costs were $97,272 and $106,251 per bitcoin, respectively.
As of the end of December 2025, the company has cumulatively produced 7,528.4 bitcoins since entering the bitcoin mining business.
• Strategic Progress:
The company has completed the termination of the American Depositary Receipt (ADR) program and transitioned to a direct listing on the NYSE to enhance information transparency and align with its strategic direction, with a long-term goal of expanding its investor base.
CEO Paul Yu stated: "2025 marked the company's first full year as a bitcoin mining enterprise, characterized by rapid execution and structural reshaping. We completed a comprehensive adjustment of our asset system and established a globally distributed mining network. Additionally, the company introduced a new management team, further strengthening our capabilities and competitive advantage in the digital asset and energy infrastructure space. The completion of the NYSE direct listing and USD pricing also signifies our transformation into a global AI infrastructure company."
"As we enter 2026, the company will continue to optimize its balance sheet structure and enhance operational efficiency and cost resilience through adjustments to the miner portfolio. At the same time, we are advancing our strategic transformation into an AI infrastructure provider. Leveraging EcoHash, we will utilize our capabilities in scalable computing power and energy networks to provide cost-effective AI inference solutions. The relevant site transformations and product development are progressing simultaneously, and the company is well-positioned to sustain its execution in the new phase."
The company's Chief Financial Officer, Michael Zhang, stated: "By 2025, the company is expected to achieve significant revenue growth through its scaled mining operations. Despite recording a net loss of $452.8 million from ongoing operations, mainly due to one-time transformation costs and market-driven fair value adjustments, the company, from a financial perspective, will reduce its leverage, optimize its Bitcoin reserve strategy and liquidity management, introduce new capital to strengthen its financial position, and seize investment opportunities in high-potential areas such as AI infrastructure while navigating market volatility."
The total revenue for the fourth quarter was $1.795 billion. Of this, the Bitcoin mining business contributed $1.724 billion in revenue, generating 1,718.3 Bitcoins during the quarter. Revenue from the international automobile trading business was $4.8 million.
The total operating costs and expenses for the fourth quarter amounted to $4.56 billion, primarily attributed to expenses related to the Bitcoin mining business, as well as impairment of mining machines and fair value losses on Bitcoin collateral receivables.
This includes:
· Cost of Revenue (excluding depreciation): $1.553 billion
· Cost of Revenue (depreciation): $38.1 million
· Operating Expenses: $9.9 million (including related-party expenses of $1.1 million)
· Mining Machine Impairment Loss: $81.4 million
· Fair Value Loss on Bitcoin Collateral Receivables: $171.4 million
The operating loss for the fourth quarter was $276.6 million, a significant increase from a loss of $0.7 million in the same period of 2024, primarily due to the downward trend in Bitcoin prices.
The net loss from ongoing operations was $285 million, compared to a net profit of $2.4 million in the same period last year.
The adjusted EBITDA was -$156.3 million, compared to $2.4 million in the same period last year.
The total revenue for the full year was $6.881 billion. Of this, the revenue from the Bitcoin mining business was $6.755 billion, with a total output of 6,594.6 Bitcoins for the year. Revenue from the international automobile trading business was $9.8 million.
The total annual operating costs and expenses amount to $1.1 billion.
Specifically, they include:
· Revenue Cost (excluding depreciation): $543.3 million
· Revenue Cost (depreciation): $116.6 million
· Operating Expenses: $28.9 million (including related-party expenses of $1.1 million)
· Miner Impairment Loss: $338.3 million
· Bitcoin Collateral Receivable Fair Value Change Loss: $96.5 million
The full-year operating loss is $437.1 million. The continuing operations net loss is $452.8 million, while in 2024, there was a net profit of $4.8 million.
The 2025 non-GAAP adjusted net profit is $24.5 million (compared to $5.7 million in 2024). This measure does not include share-based compensation expenses; refer to "Use of Non-GAAP Financial Measures" for details.
As of December 31, 2025, the company's key assets and liabilities are as follows:
· Cash and Cash Equivalents: $41.2 million
· Bitcoin Collateral Receivable (Non-current, related party): $663.0 million
· Miner Net Value: $248.7 million
· Long-Term Debt (related party): $557.6 million
In February 2026, the company sold 4,451 bitcoins and repaid a portion of related-party long-term debt to reduce financial leverage and optimize the asset-liability structure.
As per the stock repurchase plan disclosed on March 13, 2025, as of December 31, 2025, the company had repurchased a total of 890,155 shares of Class A common stock for approximately $1.2 million.

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