Standard Chartered Bank has dramatically revised its Ethereum price forecast for 2025 down to US$4k from the previous US$10k, with Global Head of Digital Assets Research Geoff Kendrick citing Ethereum’s “structural decline”. Layer-2 solutions like Coinbase’s Base network are reportedly extracting value from Ethereum’s ecosystem, with Kendrick estimating that Base…
Tag: Worldwide
Ethereum is under pressure due to leadership issues, stalling adoption, and declining on-chain metrics, casting aspersions on its dominance in the DeFi space. Ethereum’s value has dropped 52% over the past year, with a potential further decline if liquidations occur. A significant $130 million ETH-backed loan in Sky is causing…
Ethereum has slumped to around US$1.9k, down over 15% in the past week and 52% annually, with 9 out of 10 recent trading days showing net negative flows for spot Ethereum ETFs. MEXC VP Tracy Jin suggests the upcoming Pectra upgrade could substantially increase Ethereum’s fundamentals, potentially driving ETH price…