Standard Chartered Revises Ether Price Target

Ether’s (ETH) structural decline is anticipated to persist, as stated in a research report from investment bank Standard Chartered (STAN) released on Monday. The bank has revised its price target for the world’s second-largest cryptocurrency for the end of 2025 from $10,000 to $4,000. As of publication, ether was trading around $1,903.

The report highlights that “Ether is at a crossroads” and, although it continues to lead in several metrics, its dominance has been diminishing for some time.

Layer 2 blockchains aimed at enhancing scalability on the Ethereum blockchain are having a notable impact. Standard Chartered estimates that Coinbase’s (COIN) Base has decreased ether’s market cap by $50 billion and anticipates this trend to persist.

Market conditions might ultimately halt this structural decline, especially if the growth of tokenized real-world assets occurs. Geoff Kendrick, head of digital assets research at Standard Chartered, noted that ETH’s security dominance should enable it to retain an 80% share of this market.

Nonetheless, the bank remarked that a proactive change in the commercial direction from the Ethereum Foundation, such as imposing taxes on layer 2s, is unlikely to materialize.

Additionally, the bank predicts that the ETH/BTC ratio will fall to 0.015 by the end of 2027, marking the lowest level since 2017.

Despite this, Standard Chartered forecasts a recovery in ether’s price from its current level near $1,900, as a rise in bitcoin (BTC) is anticipated to positively affect all digital assets. However, ether’s underperformance is expected to persist.

Read more: Ether Has Underperformed, but Total Value Locked on Ethereum Is Rising: Citi