Bullish catalysts include sustained ETF inflows, corporate treasury adoption and U.S. regulatory moves, the report said.
The next phase of real-world asset tokenization will go beyond stablecoins, targeting private markets and illiquid assets, the report said.
Sixty-one corporate treasuries now hold a combined 3.2% of the total bitcoin supply.
The bank said it expects solana to underperform ether over the next two to three years, in a report initiating coverage of the cryptocurrency.
Holdings of the stock by government bodies reflects a desire to gain bitcoin exposure where in some cases local regulators do not allow direct ownership, the report said.
Spot bitcoin ETF net inflows totaled over $4 billion in the last three weeks, when adjusted for hedge fund basis trades, the bank said.
The token has traded like an unweighted mix of bitcoin and ether since May 2021, the report said.
Strategic allocation away from U.S. assets is likely to be the catalyst for move to a new record.
XRP is uniquely positioned at the heart of of cross-border payments, the report said.
Bitcoin could be viewed as serving multiple purposes in a tech portfolio, paving the way for more institutional buying, the bank's digital asset research head said.
Layer 2 blockchains were meant to improve scalability on the Ethereum network, but Coinbase's Base has reduced ether's market cap by $50 billion, the report said.
Overzealous hopes for Trump's crypto actions last week had primed the market for a pullback, but the decline could be already over, said Standard Chartered's Geoff Kendrick.
A Wall Street forecast may be overshooting the amount of money that could flow into tokenized real-world assets by 2030, says one analyst.
Mox, a virtual bank subsidiary of Standard Chartered, has started offering bitcoin and ether exchange-traded funds to its clients shortly after launching an investment platform in Hong Kong.
The British bank predicts that the SEC will eventually treat spot ether ETF applications similarly to bitcoin ETFs, putting May 23 as the expected date for an approval.