Standard Chartered Bank: Ethereum is expected to break the $4000 mark as treasury companies continue to buy
According to online reports, Geoff Kendrick, head of digital asset research at Standard Chartered Bank, said that as cryptocurrency treasury companies continue to buy Ethereum, Ethereum is expected to rise further. Cryptocurrency treasury companies, listed companies that hold digital assets on their balance sheets, have begun to include Ethereum in their asset allocations, and even institutional purchases of Ethereum have surpassed Bitcoin. He said that because many jurisdictions still have restrictions on investment in crypto assets, investors are increasingly inclined to allocate through alternative channels such as listed companies. If the inflows continue, Ethereum is expected to exceed the critical $4000 level (our current end-of-2025 price forecast). (Jin Shi)
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