Standard Chartered drops 2025 ETH price estimate by 60% to $4K

Ethereum terms is much than 52% down from its December 2024 precocious astatine $4,107 and information from TradingView shows ETH (ETH) down 42% since the commencement of 2025. 

Despite being 1 of the largest cryptocurrencies by marketplace capitalization and holding the ascendant spot arsenic the person successful Web3 and DeFi, galore analysts judge that ETH’s terms prospects stay grim successful the abbreviated term. 

Crypto expert and chartered marketplace technician Askel Kibar warned traders against assuming that ETH terms trades astatine a discount simply based connected however acold disconnected it is from its mean trading price. 

On X, Kibar explained that “bottom reversals instrumentality time” fixed that “ each that proviso needs to beryllium accumulated.” 

ETH/USD regular chart. Source: X / Aksel Kibar

Referring to the illustration above, Kibar said, 

“Those of you that privation to spot ETH outperform BTC request to spot akin terms enactment to 2018-2020 period. After an extending downtrend terms formed a treble bottommost precocious successful 2019. Then it turned retired to a larger standard H&S bottommost reversal.” 

Currently, ETH’s illustration does not amusement immoderate benignant of bottoming formation, starring Kibar to comparison trading Ethereum to “catching a falling knife.” 

Standard Chartered chops 2025 ETH terms to $4,000

Standard Chartered added to the dim outlook via a March 17 lawsuit letter, which revised down their extremity of 2025 ETH terms estimation from $10,000 to $4,000, a drastic 60% reduction.

Geoff Kendrick, the bank’s planetary caput of Digital Assets Research, said, “We expect ETH to proceed its structural decline.” Adding that:

“Layer 2 blockchains were meant to amended ETH scalability, but we estimation that Base (a cardinal furniture 2) has removed USD 50bn from ETH’s marketplace cap.” 

Kendrick cited little ETH fees, a “higher nett issuance,” and furniture 2 blockchains “taking Ethereum’s GDP” arsenic an unexpected effect of the Dencun upgrade. 

Adding to their reflection of Base absorbing Ethereum’s interest revenue, Kendrick said, 

“In particular, Base — a furniture 2 that was developed to code the occupation of scalability connected Ethereum— is passing each the nett (fee gross minus information signaling fees) it extracts to Coinbase, its firm owner.” 

Related: Long-term Ethereum accumulation could unwind if ETH terms falls beneath $1.9K — Analyst

VanEck Head of Digital Assets Research Matthew Sigel and Patrick Bush, the firm's Senior Analyst connected Digital Assets, concur with the dim ETH terms presumption held by galore analysts. In a March 5 note to investors, the researchers cited ETH’s diminution arsenic being “largely owed to the erosion of the halfway factors that erstwhile made Ethereum valuable.” 

The analysts again cited furniture 2 blockchains Arbitrum and Base arsenic catalysts successful diminishing ETH’s interest revenue, on with the popularity of memecoin trading connected the Solana blockchain.  

This nonfiction does not incorporate concern proposal oregon recommendations. Every concern and trading determination involves risk, and readers should behaviour their ain probe erstwhile making a decision.