Standard Chartered Bank: Ethereum's Prospects Improve, Its Performance Expected to Outpace Bitcoin

Odaily News Standard Chartered Bank stated that Ethereum's prospects have improved, and its performance is expected to surpass Bitcoin. Although Bitcoin's weak performance has dragged down the entire cryptocurrency market, the growing institutional demand for Ethereum, coupled with its dominant position in stablecoins, real-world assets, and decentralized finance (DeFi), supports its stronger outlook. Improvements in network throughput and the potential clarification of US regulatory policies could further drive up Ethereum's price. Standard Chartered Bank previously predicted that Ethereum's price would reach $7,500 this year and $30,000 by 2029.