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Standard Chartered Bank: Ethereum is in midlife crisis and technology upgrades fail to appeal to a wide audience

On March 25, according to the Financial Times, Geoff Kendrick, head of digital asset research at Standard Chartered Bank, said that Ethereum is in a mid-life crisis and is still groping forward in technological upgrades to enhance its appeal to a wider audience. ETH prices have dropped 40% in the past three months, including tokens promoted by Trump and Argentine leader Millay that use the Solana blockchain. Adam McCarthy, a research analyst at Kaiko, believes that Ethereum is not interesting to most people. If you compare it with Bitcoin, Bitcoin has already established the narrative of digital gold. Ethereum has failed in the native field. Traffic from ETFs also shows that it has no broad appeal.

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