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Standard Chartered Cuts Ethereum’s 2025 Price Target by 60% Amid Ongoing Decline

  • Standard Chartered Investment Bank has cut Ethereum's price target for 2025 by 60% to $4,000 from $10,000.
  • Layer 2 solutions, like Coinbase's Base, have reduced Ethereum's market cap by $50 billion, leading to decreased transaction fees and revenue for Ethereum.
  • Ethereum's ongoing decline is attributed to the rise of Layer 2 networks that divert transaction fees, impacting Ethereum's market dominance.
  • Despite potential recovery through increased adoption of tokenized real-world assets, Standard Chartered remains cautious about Ethereum's short-term future.

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