Geoff Kendrick, the leader of digital asset research at Standard Chartered, a prominent player on Wall Street, has released a significant report analyzing the current landscape and future prospects of the cryptocurrency market.
Instead of labeling recent market declines as a “crypto winter,” Kendrick refers to them as merely a brief “cold breeze.” He offers investors clarity on one pressing question: “When can we expect the next bull market to commence?”
Kendrick notes that ongoing macroeconomic challenges and liquidity issues in the marketplace may prompt a more cautious stance through much of 2026. Nevertheless, he forecasts that 2027 will usher in an invigorating bull cycle. He emphasizes that this year will be recognized as the “Year of Ethereum,” predicting that $ETH will surpass Bitcoin in performance and take charge of market trends.
The analyst also suggests there could be a “final cleanup” for Bitcoin’s price, potentially dropping it to around $50,000. However, Kendrick views this possible decline not as catastrophic but rather as an ideal “last buying opportunity” ahead of the anticipated bull run.
While adjustments have been made to its short-term projections, Standard Chartered continues to uphold its optimistic long-term outlook.
Bitcoin (BTC): projected at $100,000 by late 2026 and reaching $500,000 by 2030.
Ethereum ($ETH): expected to hit $7,500 by end-2027 and soar to $40,000 by 2030.
Solana (SOL): forecasted at $2,000 by 2030.
*This should not be construed as investment advice.