Core Viewpoint - Standard Chartered predicts that Ethereum will outperform Bitcoin and reach $40,000 by 2030, with 2026 being a pivotal year for Ethereum similar to 2021 for Bitcoin [1] Group 1: Ethereum vs. Bitcoin - The price ratio between Ethereum and Bitcoin could return to its 2021 high of approximately 0.08, indicating that one Ether token was valued at 8% of one Bitcoin [2] - Currently, the Ethereum to Bitcoin ratio has dropped to around 0.03, and if it rises to 0.16, both assets would have equal market value [3] Group 2: Stablecoins and Tokenization - Standard Chartered emphasizes the growing bullish sentiment among traditional financial firms towards stablecoins and tokenization, with Ethereum being the leading blockchain for these developments, hosting over $10 billion in crypto and real-world assets [4] - Ethereum also hosts the majority of stablecoins, which are often backed by US Treasury bonds, positioning it favorably for increased interest in on-chain finance [5] Group 3: Market Predictions - US Treasury Secretary Scott Bessent forecasts that stablecoins could evolve into a $3 trillion industry by 2030, while the total value of tokenized assets on blockchains may exceed $19 trillion by 2033 [6] Group 4: ETF Flows - Investment through exchange-traded funds (ETFs) is less critical for Ethereum's price performance compared to Bitcoin, with Ethereum ETFs experiencing over $1.9 billion in outflows since November, while Bitcoin ETFs saw over $4.6 billion in outflows [7] - Despite the overall weakening of crypto ETF flows, the current trends are more favorable for Ethereum than for Bitcoin [8]