Standard Chartered Says Ethereum Is Undervalued — Here's Why They Think the Price Will Catch Up

WHY IT MATTERS

Think of on-chain metrics like the vital signs of a blockchain — they measure how many people are using it, how much money is flowing through it, and how active the network is. Standard Chartered, a massive global bank, is essentially saying that Ethereum's 'health check' looks great, but the price hasn't caught up yet. It's like a company reporting strong sales and growing customers, but its stock price hasn't moved — eventually, the market tends to notice. For newcomers, this is a good example of how analysts try to figure out if a cryptocurrency is undervalued by looking at real usage data rather than just hype.