Standard Chartered Bank lowers ETH price target for 2025 from $10,000 to $4,000

Odaily News In its latest research report, Standard Chartered Bank slashed its ETH price target by the end of 2025 from $10,000 to $4,000, believing that Ethereum is facing a structural decline. Standard Chartered Bank pointed out that this decision was made for the following reasons:
1. L2 expansion weakens ETH market value: Layer 2 (L2), which was originally used to improve Ethereum's scalability, such as Coinbase's Base, has caused ETH's market value to evaporate by $50 billion and may continue to affect its market dominance; in addition
2. The ETH/BTC ratio is expected to continue to decline: Standard Chartered expects the ETH/BTC ratio to fall to 0.015 by the end of 2027, the lowest level since 2017.
3. Future growth may rely on RWA: If the tokenization of real-world assets (RWA) develops rapidly, ETH may still maintain its 80% security market share, but the Ethereum Foundation needs to adopt a more active business strategy (such as taxing L2), but this possibility is low. (CoinDesk)