Standard Chartered: ETH is in mid-life crisis, still exploring technical upgrades to attract a wider audience

Geoff Kendrick, the head of digital asset research at Standard Chartered Bank, said that Ethereum is in a "midlife crisis", still groping its way forward in a series of technical upgrades aimed at making itself more attractive to a wider audience. In the past three months, ETH's price has fallen by 40%, and tokens promoted by Trump and Argentine leader Mila are all using Solana blockchain. Adam McCarthy, an analyst at data provider Kaiko Research believes that Ethereum is not interesting for most people; if compared with Bitcoin, Bitcoin has already established its narrative as digital gold. David Lawant, director of research at FalconX stated that Ethereum failed in native field and ETFs are also not very appealing. (FT)