Express
Standard Chartered Bank: Ethereum Outlook Improves, Performance Expected to Surpass Bitcoin
Summary: In a recent report, Standard Chartered Bank stated that the outlook for Ethereum has improved, with its performance expected to surpass Bitcoin. Despite Bitcoin's weak performance dragging down the entire cryptocurrency market, institutional demand for Ethereum continues to grow. Ethereum's dominant position in stablecoins, physical assets, and decentralized finance (DeFi) sectors support its stronger prospects. ...
In a recent report, Standard Chartered Bank stated that the outlook for Ethereum has improved, with its performance expected to surpass Bitcoin. Despite Bitcoin's weak performance dragging down the entire cryptocurrency market, institutional demand for Ethereum continues to grow. Ethereum's dominant position in stablecoins, physical assets, and decentralized finance (DeFi) sectors support its stronger prospects. The increase in network throughput and potential clarification of US regulatory policies may further drive up Ethereum prices. Standard Chartered Bank previously predicted that Ethereum's price will reach $7,500 this year and $30,000 by 2029.
Tags:
Link: Standard Chartered Bank: Ethereum Outlook Improves, Performance Expected to Surpass Bitcoin [Copy]
