---
title: "Standard Chartered Reaffirms $40K Ethereum Price Target Due to DeFi Dominance"
url: https://thecoingazette.com/standard-chartered-reaffirms-40k-ethereum-price-target-due-to-defi-dominance/
date: 2026-05-28
modified: 2026-05-28
lang: en
author: "Coin Gazette Editorial"
description: "Analysts compared Ethereum's current position to Amazon following the dot-com bubble burst."
categories:
  - "Crypto News"
tags:
  - "Defi"
  - "ethereum"
  - "ethereum price"
  - "Markets"
  - "price"
  - "Standard Chartered"
word_count: 12
---

# Standard Chartered Reaffirms $40K Ethereum Price Target Due to DeFi Dominance

Analysts compared Ethereum's current position to Amazon following the dot-com bubble burst.