Ethereum Faces Major Impact from Base as $50B Vanishes
Recent analyses reveal that standard Chartered bank estimates Base has siphoned off a staggering $50 billion from Ethereum. This significant figure raises concerns for the Ethereum ecosystem. Alongside this, the bank adjusted its 2025 price target for Ether (ETH) to $4,000, down from a previous $10,000. These changes underline the volatility and the shifting landscape of cryptocurrency investments. Investors should remain vigilant as market conditions evolve and consider how these developments could impact their Ethereum holdings in the near future.