Summary
Standard Chartered Bank predicts that the price of Ether (ETH) could increase by almost 70% and reach $4,000 by May. This is due to the potential approval of spot-based ETFs in the U.S. Meanwhile, Jason Windawi, a protocol specialist at Alchemy, shares his thoughts on the state of Web3 and expectations for 2024.
Key Points
1. Standard Chartered Bank predicts Ether (ETH) could rise nearly 70% from current levels and hit $4,000 by May as applications for spot-based ETFs will likely win regulatory approval in the U.S.
2. Alchemy’s protocol specialist Jason Windawi weighs in on the state of Web3 and expectations for 2024.
3. The statement suggests that the increasing popularity and acceptance of Ethereum, combined with the potential approval of ETFs, could drive significant growth and value for Ether in the coming months.