*Lost its shine: Standard Chartered cuts price target for Ethereum (ETH) amid competition with other networks*

Ethereum (ETH), the second-largest cryptocurrency in the world by market value, has been going through tough times. After breaking the support level of $418,024,882,132, prices have not managed to return to higher levels in 2025. In relation to its all-time highs, Ether shows a drop of more than 60%, according to Coin Market Cap.

And a new blow hit investors this Monday (17) with the British bank Standard Chartered cutting its price forecast for 2025.

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