$ETH This movement occurs against the backdrop of the cryptocurrency market, which has witnessed significant changes in the value of these two currencies recently. While Ethereum (ETH) has dropped nearly 20% over the past month, Solana (SOL) has seen an impressive growth of about 8%. Market analysts suggest that ETH is facing 'structural decline,' which has led some major financial institutions like Standard Chartered Bank to lower their price target for ETH by the end of the year. According to reports from Standard Chartered, the challenging situation for ETH is believed to be due to internal factors and strong competition from other blockchains.
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