Standard Chartered: ETH is in a mid-life crisis and is still exploring ways to attract a wider audience through technological upgrades
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Standard Chartered Bank's digital asset research head Geoff Kendrick stated that Ethereum is experiencing a "midlife crisis" and is still exploring forward through a series of technical upgrades aimed at making itself more attractive to a broader audience. In the past three months, ETH price has dropped by 40%. Data provider Kaiko research analyst Adam McCarthy noted that Ethereum is not interesting to most people, and compared to Bitcoin, which has already established the narrative of digital gold, tokens promoted by Trump and Argentina's leader Milei are using the Solana blockchain. FalconX research head David Lawant added that Ethereum has failed in its native domain, and its ETF also lacks significant appeal. (FT)
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