Recently, Standard Chartered Bank has shown a high level of optimism regarding the future development prospects of Ethereum (ETH), significantly raising its year-end price forecast from the previous $4,000 to $7,500. This adjustment is mainly based on the increase in industry participation and the strong performance of the stablecoin market, both of which are believed to significantly drive the demand for the Ethereum network.
Ethereum's recent performance has indeed been remarkable, with its price approaching $4,700, setting a new high in three and a half years. In addition to the price incre
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