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Ethereum News: Standard Chartered Adjusts Price Forecast—Is ETH Price in Danger?

  • Standard Chartered has significantly revised its Ethereum (ETH) price forecast for 2025, slashing it by 60% from $10,000 to $4,000.
  • Layer-2 solutions like Base have diverted value from Ethereum’s main network, reducing fee revenue and on-chain activity.
  • The migration of transactions to Layer-2 networks has led to a decrease in fee revenue, impacting the economic model of the Ethereum ecosystem.
  • Analysts advise caution regarding Ethereum’s short-term prospects, highlighting the risks associated with timing the market amidst volatility.

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