Altcoins News

Story: Ethereum Remains Undervalued Despite Record-High Prices

By Sakamoto Nashi

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Institutional Accumulation Drives Demand. Geoffrey Kendrick, Standard Chartered’s global head of digital assets, highlighted in a research…

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Buybacks Provide a Safety Net. SharpLink Gaming has already committed to share buybacks if its NAV multiple falls below 1.

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Price Targets and Long-Term Outlook. Kendrick has set a year-end target for Ethereum at $7,500, with projections reaching $25,000 by…

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Implications for Investors. For investors, Standard Chartered’s analysis suggests that Ethereum remains one of the best-value…

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Ethereum’s Role in Digital Finance. Ethereum’s expanding ecosystem, including DeFi protocols, staking platforms, and corporate…

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Conclusion. Despite recent record highs, Ethereum and ETH-holding companies remain undervalued according to…

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Ethereum may have recently reached record highs, but according to Standard Chartered, the market is still undervaluing both the cryptocurrency and companies that hold large…

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Geoffrey Kendrick, Standard Chartered’s global head of digital assets, highlighted in a research note that corporate investors and digital asset treasury (DAT) firms have…

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Among the most notable institutional buyers, BitMine Immersion has set its sights on acquiring up to 5% of all ETH in circulation.

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SharpLink Gaming has already committed to share buybacks if its NAV multiple falls below 1.0, creating a protective floor for investors.

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“This accumulation by treasury firms and ETFs indicates that Ethereum’s demand fundamentals remain strong,” Kendrick noted.

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The bullish outlook extends beyond Ethereum. Standard Chartered also projects Bitcoin to reach $135,000 by the end of September and potentially $200,000 by year-end, with a 2028…

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Additionally, firms holding Ethereum on their balance sheets offer unique exposure to the cryptocurrency while benefiting from additional financial mechanisms unavailable to…

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Ethereum’s expanding ecosystem, including DeFi protocols, staking platforms, and corporate treasuries, underscores its growing importance in digital finance.

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Kendrick emphasizes that Ethereum’s utility extends far beyond speculation. By serving as both a store of value and a functional asset within corporate treasuries, ETH…

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