Ethereum Faces Continued Price Decline Amid Layer-2 Growth
- Standard Chartered revised Ethereum’s 2025 price target from $10,000 to $4,000.
- The ETH-to-BTC ratio is expected to decline until the end of 2027.
- Layer-2 networks like Coinbase’s Base are cited as reducing Ethereum’s market cap by $50 billion.
- Base generated an estimated profit of approximately 7,417 ETH in Q4 2024.
- The upcoming Pectra upgrade may improve ETH staking and allow gas fees in other cryptocurrencies.
Standard Chartered predicts a continued structural decline in Ethereum’s price, revising its target to $4,000 for 2025. The rise of Layer-2 networks has significantly impacted Ethereum’s market cap and fee revenue.
Source (2.6)https://decrypt.co/310147/ethereum-price-structural-decline-standard-chartered?rand=52368
