Svmuu News: Standard Chartered Bank stated that the outlook for Ethereum has improved, and its performance is expected to outperform Bitcoin. Although the weak performance of Bitcoin has weighed on the entire cryptocurrency market, growing institutional demand for Ethereum, along with Ethereum’s dominant position in the stablecoin, physical assets, and decentralized finance (DeFi) sectors, are supporting a stronger outlook for the platform.Improvements in network throughput and potential clarity regarding U.S. regulatory policies could further drive up the price of Ethereum. Standard Chartered Bank previously predicted that Ethereum would reach $7,500 this year and $30,000 by 2029.