🚨Standard Chartered expects Ethereum to reach $7,500 by the end of 2025
📍In summary
🔸Jeff Kendrick from Standard Chartered states that Ethereum's first-mover advantage, global reach, and non-stop functionality position it to capture most of the future value created by blockchain technology.
🔸The GENIUS Act and increasing institutional accumulation of ETH are expected to enhance the growth of stablecoins, boost decentralized finance activity, and strengthen Ethereum's competitive edge.
🔸Kendrick highlights Ethereum's dominant role in smart contracts and plans to increase Layer 1 productivity, further solidifying its position as a major backbone for blockchain innovation.