Ethereum Valuation Remains Attractive: Standard Chartered’s bullish outlook for crypto

Despite reaching a new all-time high of $4,955 on August 24th, Ethereum’s valuation remains attractive according to Geoffrey Kendrick, global head of digital assets at Standard Chartered. Kendrick argues that the continued accumulation by treasury firms and spot ETFs is driving this rise, and should lead to an increased re-rate for companies like SharpLink Gaming and BitMine Immersion.