Standard Chartered Bank believes Ethereum will outperform Bitcoin in the future.

Standard Chartered Bank stated that the outlook for Ethereum has improved and is expected to outperform Bitcoin. Despite the weak performance of $BTC dragging down the broader crypto market, the rising institutional demand for $ETH, along with its dominance in stablecoins, real-world assets, and decentralized finance, supports a stronger outlook.

Increased network throughput and potential regulatory clarity in the U.S. could provide further upside. The bank predicts that Ethereum will reach $7,500 this year and $30,000 by 2029.

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