Standard Chartered Bank reaffirms its target price of $4,000 for ETH by the end of the year and $40,000 by 2030. The bank believes the current ETH price does not fully reflect the growth in Ethereum network transaction activity, the value locked in DeFi, or its dominance in the stablecoin and tokenized asset sectors. The report states that stablecoin-related activity has accounted for 33% of Ethereum's transaction volume so far this year. Looking ahead, as Wall Street institutions continue migrating to digital asset infrastructure, the scale of RWA expands, and DeFi regulatory frameworks become clearer, Ethereum network transaction volume and TVL are expected to hit new highs. (Decrypt) https://(wublock123.com)/news/standard-chartered-eth-price-not-reflecting-network-growth-4000-target-61825