Standard Chartered: Ethereum is Expected to Break Above the $4,000 Level Amid Continued Buying by Treasury Companies

ChainThink reports: Geoff Kendrick, Head of Digital Assets Research at Standard Chartered, stated that as cryptocurrency treasury companies continue to buy Ethereum, Ethereum is expected to rise further. Cryptocurrency treasury companies, which are listed companies holding digital assets on their balance sheets, have started to include Ethereum in their asset allocation, and the institutional buying pressure for Ethereum has already exceeded that of Bitcoin. He said that due to remaining restrictions on cryptocurrency asset investments in many jurisdictions, investors are increasingly turning to alternative channels such as listed companies for allocation. If the inflow of funds continues, Ethereum is expected to break through the key level of $4,000 (our 2025 year-end price forecast). (Jin10)