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🚀Get ready, crypto enthusiasts! Standard Chartered Bank researchers predict that Ether (ETH) could skyrocket to 500% of its current price by 2026! 🌟Their bullish forecast follows a similarly optimistic one for Bitcoin (BTC), which they claim could reach $120,000 before 2025.

Why the ETH boom? 🤔Ethereum's dominance in smart contract platforms, emerging uses in gaming and tokenization, and upcoming technical upgrades are likely to drive value to its native gas token. The bank's head of forex and crypto research, Geoffrey Kendrick, believes ETH could reach $8,000 by the end of 2026, with a long-term structural valuation of $26,000 to $35,000.

Ethereum has already undergone a major upgrade in "The Merge," which transitioned the network to a proof of stake consensus mechanism in September 2022. But that's just the beginning! 🌱Five more major development milestones are planned to streamline Ethereum data storage, boost scalability, maintain decentralization, and ultimately unlock its potential.

Upcoming upgrades like "protodank-sharding" will help cement Ethereum's dominance in the smart contract space, increasing its P/E ratio over the next couple of years. 🌐Standard Chartered also believes ETH's price may benefit from the upcoming Bitcoin halving in April and potential spot ETF approvals for both assets in the United States.

So, buckle up and keep an eye on ETH's exciting journey! 🎢👀