Standard Chartered: Ethereum is expected to break the $4000 mark as treasury companies continue to buy in.

On July 29, Geoff Kendrick, Head of Digital Asset Research at Standard Chartered Bank, stated that as cryptocurrency treasury companies continue to buy Ethereum, Ethereum is expected to rise further. Cryptocurrency treasury companies, which are publicly traded companies holding digital assets on their balance sheets, are beginning to incorporate Ethereum into their asset allocation, with institutional buying pressure for Ethereum even surpassing that of Bitcoin. He mentioned that due to restrictions on cryptocurrency asset investments in many jurisdictions, investors are increasingly inclined to allocate through alternative channels such as publicly listed companies. "If the capital inflow can be sustained, Ethereum is expected to break through the key $4000 level (which is our current price forecast for the end of 2025)." ( Jin10 )