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Standard Chartered cuts 2025 ether price target by 60% to $4,000
Standard Chartered has sharply lowered its 2025 price target for ether from $10,000 to $4,000, citing several factors, including Ethereum Layer 2 Base's growing dominance
"Layer 2s, and Base in particular, now extract super-profits from the Ethereum ecosystem," Standard Chartered's global head of digital assets research, Geoffrey Kendrick, said in a statement to The Block on Monday while sharing his new report titled Ethereum — Midlife Crisis. We estimate that Base (the dominant Layer 2) has removed $50 billion of market cap from Ethereum alone 0 reply
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