This optimistic forecast is part of a broader outlook on major cryptocurrencies, including Bitcoin and Solana.
The bank’s Global Head of Digital Assets Research, Geoff Kendrick, notes that Ethereum’s potential for growth significantly outstrips Solana’s in terms of key valuation metrics.The report suggests that the current market dynamics and expected developments in the cryptocurrency ecosystem could support these price increases.
For instance, Kendrick emphasizes the potential for Ethereum to quadruple its value under certain market conditions, especially if the political landscape in the U.S. shifts favorably.