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Ethereum (ETHUSD) Poised for Long-Term Rebound as Institutional Bullishness Persists

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The Story

News Summary

  • Standard Chartered maintains a bullish long-term outlook for Ethereum, projecting significant growth driven by stablecoin dominance and tokenized real-world assets.
  • Despite short-term price weakness below $2,000, analysts view current metrics as disconnected from value, forecasting a long-term target of $40,000 by 2030.
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Stored market data

ETHUSD price history

2483.85 +26.40% over the displayed period

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