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20 September 2021

Standard Chartered Bank Estimates Ether (ETH) To Reach Between $26,000- $35,000

Standard Chartered Bank Estimates Ether (ETH) To Reach Between $26,000- $35,000


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British banking giant Standard Chartered has expressed its optimism on the future of leading altcoin Ethereum.

The bank explains that although ETH remains closely linked to Bitcoin (BTC) in terms of price, the altcoin has several advantages over the leading cryptocurrency. .

From a performance point of view, Standard Chartered added that Ethereum 2.0 would enable the processing of more transactions per second, and the new burn model has enabled the protocol to be more deflationary.

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