Standard Chartered Compares Ethereum Slump to Amazon’s 2001 Crash
Ethereum Standard Chartered Compares Ethereum Slump to Amazons 2001 CrashStandard Chartered compared Ethereums current price weakness to Amazon during the 2001 tech crash.Geoffrey Kendrick said Ethereums internal metrics continue improving despite ETHs sharp decline.The bank maintained ETH targets of $4,000 by end-2026 and $40,000 by end-2030. Ethereum‘s price decline does not match the strength of its network activity, according to Standard Chartered. The bank compared ETH’s recent weakness to Amazon during the 2001 dot-com crash, when the stock fell sharply while internal business metrics kept improving. Notably, Standard Chartered‘s Geoffrey Kendrick said ETH may eventually catch up to Ethereum’s internal metrics. The bank kept its long-term price targets unchanged, even after ETH fell sharply from its August 2025 high. Standard Chartered Sees Amazon Parallel Standard Chartered said Ethereum‘s recent underperformance does not reflect the network’s improving fundamentals. Kendrick compared ETH to Amazon after the 2001 tech bubble burst, citing Jeff Bezoss point that a stock can fall even while a business improves internally. According to The Block, ETH has dropped about 57% from its August 2025 high to roughly $2,000. The ETH-BTC ratio has also fallen about 37% over the same period. However, Kendrick said Ethereums transaction count and total value locked in ETH terms remain









