BTC - 1 Popular Cryptocurrency Could Soar 310% by 2025 According to a Wall Street Analyst -- No It's Not Bitcoin
2024-03-23 05:30:00 ET
Bitcoin (CRYPTO: BTC) has stolen the cryptocurrency spotlight. Its price has soared 125% over the past year due in large part to enthusiasm surrounding spot Bitcoin exchange-traded funds (ETFs). However, Ethereum (CRYPTO: ETH) returned about 80% over the same period, and at least one Wall Street analyst sees bigger gains on the horizon.
Geoff Kendrick, head of digital assets research at Standard Chartered Bank, believes smart contract technology and spot Ethereum ETFs (if approved) could send the cryptocurrency to $14,000 by 2025. That implies about 310% upside from its current price of $3,400, an enticing figure given the short timeline.
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1 Popular Cryptocurrency Could Soar 310% by 2025, According to a Wall Street Analyst -- No, It's Not Bitcoin