Standard Chartered analysts have reiterated their bullish outlook for Ethereum, setting a year-end price target of $4,000 and projecting it to reach $40,000 by 2030. The bank's report highlights that Ethereum's current price does not reflect its growing on-chain transaction volume or the value of digital assets deposited in DeFi applications. Analysts believe Ethereum has significant room to grow, benefiting from Wall Street's gradual shift towards digital assets. Ethereum's dominance in stablecoins and tokenized markets is expected to drive rapid growth. The report notes that stablecoins have accounted for 33% of Ethereum transactions year-to-date. Additionally, the Ethereum Foundation-backed "economic zone" set to launch this summer is anticipated to further boost on-chain activity. As real-world assets (RWA) are increasingly tokenized, with expectations of a 50-fold growth, Ethereum's importance is projected to rise sharply, with transaction volumes and total value locked reaching new highs.