StanChart revises Ethereum's 2025 projection to $4000, warns of 'value destruction' caused by L2s
Standard Chartered has revised its year-end price target for Ethereum (ETH) to $4,000 — down from its previous forecast of $10,000 — citing structural weaknesses in the network’s economic model. In...
Source: CryptoSlate
Standard Chartered has revised its year-end price target for Ethereum (ETH) to $4,000 — down from its previous forecast of $10,000 — citing structural weaknesses in the network’s economic model. In a research report titled “Ethereum — Midlife Crisis,” the lender’s head of digital assets research, Geoffrey Kendrick, argued that Ethereum’s shift to proof-of-stake and […]