Standard Chartered Reduces its Ether Price Target by 60%
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Standard Chartered has revised its 2025 year-end price target for Ethereum from $10,000 to $4,000, citing structural challenges within its ecosystem.
The bank’s analysts point to the influence of Layer 2 solutions, such as Coinbase’s Base network, which has potentially decreased Ethereum’s market capitalization by around $50 billion.
Layer 2 networks like Base enhance Ethereum’s scalability by reducing transaction fees and congestion. However, Standard Chartered’s research suggests these solutions may be diverting revenue from the main Ethereum network.
For example, Base directs its profits to Coinbase, which could diminish Ethereum’s overall market share.
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