Standard Chartered Bank: Ethereum Faces 'Midlife Crisis,' Technical Upgrade Fails to Attract Mainstream

Blockbeats03-25 06:33

BlockBeats News, March 25th, according to the Financial Times, Geoff Kendrick, Head of Digital Asset Research at Standard Chartered Bank, stated that Ethereum is currently facing a "midlife crisis," still exploring its way forward in technological upgrades to enhance its appeal to a broader audience. Over the past three months, ETH's price has dropped by 40%, including tokens promoted by Trump and Argentine leader Mile using the Solana blockchain.

Kaiko research analyst Adam McCarthy believes that Ethereum is not interesting to most people. If compared to Bitcoin, Bitcoin has long established the narrative of digital gold, while Ethereum has failed in its native field, and ETF flows also indicate its lack of widespread appeal.

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