Base Network Siphons $50B from Ethereum Ecosystem
- The 2025 ether (ETH) price target was reduced by 60% to $4,000.
- The previous ether price target for 2025 was set at $10,000.
- Base, a top Ethereum layer-two network, has diverted $50 billion from Ethereum.
The bank’s analysis indicates a significant reduction in the 2025 ether price target to $4,000, reflecting a 60% decrease from the earlier projection of $10,000. Additionally, Base has siphoned off $50 billion from the Ethereum ecosystem.
Source (2.6)https://news.bitcoin.com/base-has-siphoned-50b-from-ethereum-standard-chartered-says/?rand=52384
