Standard Chartered: Ethereum Metrics Strong, Price Lags
Ethereum Standard Chartered: Ethereum Metrics Strong, Price Lags Bitcoin Ethereum News Standard Chartered says Ethereum‘s network activity remains close to record levels even as Ether (ETH) trades far below last year’s highs, arguing that the gap between usage and price could eventually narrow. Ethereum‘s internal metrics, including transaction counts and total value locked in ETH terms, remain close to record levels, according to a Thursday report from Standard Chartered’s digital assets research team. ETH has fallen about 57% from its August 2025 peak of above $4,800 to under $2,000 at the time of writing, according to Coingecko data. StanCharts global head of digital assets research, Geoff Kendrick, reaffirmed its price targets of $4,000 by the end of 2026 and $40,000 by 2030, implying a return of the ETH/BTC ratio to its 2021 highs around 0.08. The call comes as investors debate whether Ethereums growing dominance in stablecoins and tokenized real-world assets will eventually translate into stronger returns for ETH itself, despite persistent ETF outflows and weak price performance. Kendrick likened the current disconnect to Amazon during the dot-com bust, arguing that “everything inside the company was going the right way” even as the stock price slumped. Max Shannon, senior research associate Europe at Bitwise, agreed with Standard Chartered‘s









