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Standard Chartered Lowers Ether Forecast from $10K to $4K, Cites Economic Imbalance of L2 Fees as Cause of Downgrade

  • Standard Chartered lowers its Ethereum price estimate from $10,000 to $4,000.
  • The report cites economic imbalance of Layer-2 fees as the cause of the downgrade.
  • Layer-2 networks like Base retain 80% of fee revenue, draining around $50 billion from Ethereum's market capitalization.
  • Standard Chartered suggests introducing a tax system to address the economic imbalance caused by Layer-2 fees.

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