PANews reported on August 14 that in response to "Standard Chartered Bank raising its year-end price forecast for ETH to US$7,500 and reaching US$25,000 by 2028", BitMine's new chairman ofPANews reported on August 14 that in response to "Standard Chartered Bank raising its year-end price forecast for ETH to US$7,500 and reaching US$25,000 by 2028", BitMine's new chairman of
Tom Lee: Standard Chartered Bank's increase in ETH's year-end price forecast to $7,500 may be too low
PANews reported on August 14 that in response to "Standard Chartered Bank raising its year-end price forecast for ETH to US$7,500 and reaching US$25,000 by 2028", BitMine's new chairman of the board, Tom Lee, said that Standard Chartered Bank's year-end target may be too low.
Earlier , Tom Lee stated in an interview that Ethereum is becoming the blockchain platform of choice for Wall Street institutions, and that its native token, ETH, is currently severely undervalued. He predicted that ETH will break through $4,000 in the short term and is expected to reach the $10,000-15,000 range by the end of the year.
Market Opportunity
TOMCoin Price(TOM)
$0.000091
$0.000091$0.000091
USD
TOMCoin (TOM) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
The Channel Factories We’ve Been Waiting For
The post The Channel Factories We’ve Been Waiting For appeared on BitcoinEthereumNews.com. Visions of future technology are often prescient about the broad strokes while flubbing the details. The tablets in “2001: A Space Odyssey” do indeed look like iPads, but you never see the astronauts paying for subscriptions or wasting hours on Candy Crush. Channel factories are one vision that arose early in the history of the Lightning Network to address some challenges that Lightning has faced from the beginning. Despite having grown to become Bitcoin’s most successful layer-2 scaling solution, with instant and low-fee payments, Lightning’s scale is limited by its reliance on payment channels. Although Lightning shifts most transactions off-chain, each payment channel still requires an on-chain transaction to open and (usually) another to close. As adoption grows, pressure on the blockchain grows with it. The need for a more scalable approach to managing channels is clear. Channel factories were supposed to meet this need, but where are they? In 2025, subnetworks are emerging that revive the impetus of channel factories with some new details that vastly increase their potential. They are natively interoperable with Lightning and achieve greater scale by allowing a group of participants to open a shared multisig UTXO and create multiple bilateral channels, which reduces the number of on-chain transactions and improves capital efficiency. Achieving greater scale by reducing complexity, Ark and Spark perform the same function as traditional channel factories with new designs and additional capabilities based on shared UTXOs. Channel Factories 101 Channel factories have been around since the inception of Lightning. A factory is a multiparty contract where multiple users (not just two, as in a Dryja-Poon channel) cooperatively lock funds in a single multisig UTXO. They can open, close and update channels off-chain without updating the blockchain for each operation. Only when participants leave or the factory dissolves is an on-chain transaction…
Share
BitcoinEthereumNews2025/09/18 00:09
Onyxcoin Price Breakout Coming — Is a 38% Move Next?
The post Onyxcoin Price Breakout Coming — Is a 38% Move Next? appeared on BitcoinEthereumNews.com. Onyxcoin price action has entered a tense standoff between bulls
Share
BitcoinEthereumNews2026/01/14 00:33
Trading time: Tonight, the US GDP and the upcoming non-farm data will become the market focus. Institutions are bullish on BTC to $120,000 in the second quarter.
Daily market key data review and trend analysis, produced by PANews.
Share
PANews2025/04/30 13:50