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>Aug 13 (Reuters) - Standard Chartered raised its year-end target for ether to $7,500 from $4,000 on Wednesday, citing improvement in industry engagement and uptick in holdings of the cryptocurrency in recent months.

>"We project that the stablecoin sector will grow by around 8x by end-2028, which would have a significant direct impact on fees on the Ethereum network," said Geoff Kendrick, Standard Chartered's head of digital assets research.

>The brokerage raised its 2028 year-end ether forecast to $25,000 from $7,500.

not that these aren't possibly overly optimistic or anything.