Standard Chartered says Ethereum’s recent price weakness may not reflect the network’s rapidly improving fundamentals, comparing ETH’s current position to Amazon following the collapse of the dot-com bubble.
According to the bank’s long-term forecast, Ethereum could potentially reach $40,000 by 2030, while Bitcoin may climb toward $500,000 over the same period..
The report highlights growing adoption of tokenization, stablecoins, decentralized finance, and real-world assets as major drivers behind Ethereum’s long-term value proposition.
Analysts argue that Ethereum is continuing to strengthen its infrastructure and ecosystem despite short-term market underperformance, similar to how Amazon expanded its business fundamentals before becoming one of the world’s largest companies.