The Big Picture
Analysts at Standard Chartered, a big bank, think Ethereum (ETH) could hit $10,000 if Donald Trump wins the next US election. They think Ethereum and Solana (SOL) would do better than Bitcoin (BTC) if Trump’s back in charge.
Trump vs. Harris: What’s the Difference?
If Trump wins, they think Ethereum could soar to $10,000. But if Kamala Harris wins, they think Ethereum might only reach $7,000. They say a Trump presidency would shake things up in the crypto world, while a Harris presidency would be more predictable.
Spot ETFs and the $14,000 Dream
Standard Chartered used to think Ethereum would hit $14,000 by 2025, but they’ve lowered their expectations. They were hoping that Spot Ethereum ETFs would boost the price, and while those ETFs are now trading, Ethereum hasn’t gone up as much as they expected.
The $2,300 Test
Another analyst, Ali Martinez, is worried about Ethereum. He says if Ethereum can stay above $2,300, it could hit $6,000. But if it falls below that level, it could crash to $1,600.
The Bottom Line
It’s all speculation, but the US election could have a big impact on Ethereum. And, as always, the crypto market is super volatile.
