BREAKING

Standard Chartered Bank Warns of Continued Structural Decline for Ethereum, Slashing 2025 Price Target to $4,000

BTC

BTC/USDT

$86,478.02
+0.69%
24h Volume

$25,981,973,562.05

24h H/L

$87,395.67 / $85,114.00

Change: $2,281.67 (2.68%)

Long/Short
50.9%
Long: 50.9%Short: 49.1%
Funding Rate

+0.0017%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$86,278.00

-0.39%

Volume (24h): -

Resistance Levels
Resistance 3$94,549.91
Resistance 2$91,500.75
Resistance 1$87,838.94
Price$86,278.00
Support 1$84,955.30
Support 2$82,514.92
Support 3$79,890.00
Pivot (PP):$84,955.30
Trend:Uptrend
RSI (14):72.5
k7rq2fdm

According to a recent report by Standard Chartered Bank dated March 17th, the outlook for Ethereum remains challenging, leading to a significant downward revision in its price target from $10,000 to $4,000 by the end of 2025. As of now, Ethereum is trading around $1,903, illustrating its vulnerabilities in a fluctuating market. The report highlights that Ethereum, while still dominant in several areas, is experiencing a decline in its market share, primarily due to the emergence of Layer 2 solutions and their impact on Ethereum’s valuation.

d2mv6ykl

Geoff Kendrick, Director of Digital Asset Research at Standard Chartered, noted the risk factors affecting Ethereum’s long-term viability, suggesting that despite its current hurdles, the anticipated tokenization of real-world assets might facilitate recovery. Kendrick posits that Ethereum’s security features are likely to maintain its competitive edge, potentially allowing it to uphold an 80% market share among digital assets.

Furthermore, the bank projects a drop in the ETH/BTC ratio to 0.015 by the end of 2027, marking a significant low since 2017. While a general market uplift from Bitcoin’s advancements may aid Ethereum’s revival, its ongoing underperformance underscores the challenges the platform faces.

Share News:
Don't Miss Breaking News