Standard Chartered’s recent report forecasts Bitcoin reaching major milestones by the end of 2025, outperforming both Ethereum and Solana.
The research, published on May 27, provides a comprehensive five-year price forecast for Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). The analysis focuses on expected price trajectories and relative valuations from 2025 to 2029.
The projection also comes at a time when Bitcoin has hit an all-time high above $111,000. However, following a pullback, the asset is now consolidating around the $109,000 price mark.
Bitcoin Price Prediction
Notably, Bitcoin leads Standard Chartered’s forecasts with significant price appreciation potential. The research projects BTC reaching $200,000 by the end of 2025, rising to $300,000 in 2026, $400,000 in 2027, and peaking at $500,000 by 2028.
This $500,000 level is expected to hold steady through 2029, reflecting confidence in Bitcoin’s role as a dominant digital asset.
From the current price, Bitcoin would need to surge approximately 82% to reach $200,000. Additionally, if Bitcoin reaches $200,000, its market cap would be around $3.82 trillion, assuming the circulating supply remains fairly stable.
This outlook follows previous remarks from Geoffrey Kendrick, Standard Chartered’s head of digital assets, who noted that recent SEC 13F filings support Bitcoin’s trajectory toward $500,000 by 2028.
However, Kendrick acknowledged that direct Bitcoin ETF holdings declined sharply in the first quarter of 2025. For example, the State of Wisconsin Investment Board exited its Bitcoin ETF position, selling roughly 3,400 BTC in the BlackRock iShares Bitcoin Trust.
Despite this ETF dip, Kendrick emphasized that institutional interest in Bitcoin remains strong. Recent filings from Q1 2025 indicate growing accumulation by institutional investors, countering any perception of weakening demand.
Additionally, Kendrick revised his earlier Q2 2025 Bitcoin price forecast upward. He now expects BTC to reach $120,000 by mid-2025, driven by whale accumulation, a strategic shift from U.S. securities to Bitcoin, and rising U.S. treasury term premiums, before advancing toward $200,000 by the end of the year.
Ethereum and Solana Could Exhibit Steady but Slower Growth
Meanwhile, per the recent Standard Chartered prediction, Ethereum’s price could increase steadily but more moderately than Bitcoin. The projections set ETH at $4,000 by the end of 2025, rising to $5,000 in 2026, $6,000 in 2027, and reaching $7,500 by 2028. This $7,500 valuation is expected to hold through 2029.
In comparison, Solana could show solid yet slower gains. The price forecast begins at $275 in 2025, moves up to $310 in 2026, and reaches $350 in 2027. A sharper increase occurs in 2028, with Solana rising to $475, followed by a moderate climb to $500 in 2029.
A Shared Target for Bitcoin Price
Notably, this isn’t the first time a $200,000 Bitcoin prediction has emerged. Last month, analyst Intuit Trading identified Bitcoin’s April 7 crash to $74,000 as the asset’s bottom and projected a bullish trajectory culminating in a new all-time high of $136,000 by July 2025.
Intuit Trading believes Bitcoin is following a faster, more optimistic path, pointing toward a $200,000 price target by July 2025.
Meanwhile, asset managers Bitwise and Alliance Bernstein have set more conservative forecasts, targeting $200,000 for Bitcoin by 2026.
Elsewhere, Dan Gambardello, founder of Crypto Capital Venture, also supports a bullish view, stating that Bitcoin’s bottom is confirmed and conditions are aligning for a rapid rally toward $200,000. Gambardello expects the upcoming move to be swift and surprising, catching many investors off guard, much like previous cycles.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
