隨著唐納德·特朗普（Donald Trump）的關稅風暴繼續破壞市場，標準憲章的數字資產研究負責人傑夫·肯德里克（Geoff Kendrick）大膽地預測了哪些加密貨幣在不久的將來可能會激增。

根據肯德里克（Kendrick）的說法，比特幣和雪崩（Avax）是“贏家”，而以太坊卻顯然不在名單中。他預測，到2029年底，Avax可能會增加十倍，這表明其區塊鏈生態系統的前景有希望。

Donald Trump's tariff storm has been a hot topic in recent months, and it seems that it could continue for some time yet. However, there are other market-moving events that are worth considering.

唐納德·特朗普（Donald Trump）的關稅風暴近幾個月來一直是一個熱門話題，似乎它可以持續一段時間。但是，還有其他值得考慮的營銷活動。

One interesting perspective comes from Geoff Kendrick, Head of Digital Asset Research at Standard Chartered. According to him, Bitcoin and Avalanche (AVAX) are the “winners” in the near-term crypto market, while Ethereum is notably absent from the list.

一個有趣的觀點來自標準憲章的數字資產研究主管Geoff Kendrick。據他介紹，比特幣和雪崩（Avax）是近期加密市場上的“贏家”，而以太坊卻明顯不在名單中。

According to Kendrick, AVAX could rise tenfold by the

據肯德里克（Kendrick）稱，阿瓦克斯（Avax）可能會升高

Edge Of Trump Term Signals Bitcoin At $500,000

特朗普期限的邊緣信號比特幣為$ 500,000

For the world’s largest cryptocurrency, investor accessibility and volatility levels are two key factors that will influence Bitcoin’s long-term price.

對於世界上最大的加密貨幣，投資者可及性和波動性水平是影響比特幣長期價格的兩個關鍵因素。

As U.S. regulators inch closer to approving spot Bitcoin ETFs and Trump's administration begins its third term, we can expect to see a gradual reduction in volatility once the ETF market matures, increasing Bitcoin’s share of an optimal gold-BTC portfolio. Access plus lower volatility could see Bitcoin reach the $500,000 level before Trump leaves office.

隨著美國監管機構更接近批准比特幣ETF，而特朗普的政府開始其第三任期，一旦ETF市場成熟，我們可以期望看到波動性的逐漸降低，從而增加了比特幣在最佳的Gold-BTC投資組合中的份額。訪問加上較低的波動性可能會使比特幣在特朗普離開辦公室之前達到500,000美元的水平。

Other experts also share a bullish outlook on Bitcoin's price after Liberation Day. They believe that the cryptocurrency will continue its upward trajectory, driven by factors such as a weakening U.S. dollar, increasing M2 money supply, and potential Federal Reserve rate cuts.

在解放日之後，其他專家還對比特幣的價格分享了看法。他們認為，加密貨幣將繼續其向上的軌跡，這是由於美元疲軟，增加M2貨幣供應以及潛在的美聯儲降低稅率等因素所驅動的。

One analyst, Arthur Hayes, former CEO of BitMEX, has even projected that Bitcoin could soar to $250,000 by the end of this year. However, Standard Chartered's forecast suggests that Bitcoin's gains might be more moderate in the near term.

Bitmex前首席執行官亞瑟·海斯（Arthur Hayes）甚至預計，到今年年底，比特幣可以飆升至25萬美元。但是，標準包機的預測表明，在短期內，比特幣的收益可能更為中等。

AVAX Could Rise 10x By 2029

阿瓦克斯到2029年可能會上升10倍

Apart from Bitcoin, Kendrick also identifies Avalanche (AVAX) as a high-growth candidate.

除了比特幣外，肯德里克（Kendrick）還將雪崩（Avax）確定為高增長候選人。

AVAX's potential is linked to the Etna upgrade, which has significantly reduced the cost of setting up a subnet on Avalanche. Currently, one-quarter of Avalanche subnets are compatible with Etna. This has led to a surge in developers on Avalanche, with many shifting from Ethereum Layer 2 solutions.

Avax的潛力與ETNA升級有關，這大大降低了在雪崩上設置子網的成本。目前，四分之一的雪崩子網與ETNA兼容。這導致雪崩開發人員激增，許多以太坊第2層解決方案轉移。

As a result, we see AVAX outperforming both Bitcoin and Ethereum in terms of relative price gains in the coming years, reaching a level around $250 by end-2029, more than 10x today’s price.

結果，我們看到，在未來幾年的相對價格上漲方面，阿瓦克斯的表現都超過了比特幣和以太坊，到2029年底的價格約為250美元，今天的價格超過10倍。

Data from the AVAX network shows that by 2025, Avalanche is expected to process over 4 million daily transactions and maintain a monthly transaction volume above 100 million, three times the 2024 average.

來自Avax網絡的數據表明，到2025年，預計雪崩將處理超過400萬輛交易，並保持每月交易量以上超過1億，是2024年平均值的三倍。

This signals the efficiency of Ava Labs's efforts to expand the blockchain's throughput and attract more users and developers to the network.

這標誌著AVA Labs為擴展區塊鏈的吞吐量而努力的效率，並吸引更多的用戶和開發人員進入網絡。

Layer 2 Solutions Fragment Ethereum Ecosystem

第2層解決方案碎片以太坊生態系統

Unlike Bitcoin and AVAX, Ethereum faces a less optimistic outlook. Kendrick has revised his end-2025 ETH price forecast downward to $4,000, a sharp drop from his previous $10,000 estimate.

與比特幣和avax不同，以太坊面臨的前景不太樂觀。肯德里克（Kendrick）已將其2025 ETH PRISE預測的修改為4,000美元，這是他以前的10,000美元估計的急劇下降。

According to him, Layer 2 blockchains, which are intended to enhance Ethereum's scalability, have instead harmed its ecosystem.

據他說，旨在增強以太坊可擴展性的第2層區塊鏈損害了其生態系統。

“Layer 2 blockchains were meant to improve ETH scalability, but we estimate that Base (a key Layer 2) has removed $50 billion from ETH’s market cap. Assuming no change in direction from the Ethereum Foundation, we see ETH-BTC continuing to decline. We now expect ETH-USD at $4,000 by end-2025,” Kendrick wrote in an email to BeInCrypto.

“第2層區塊鏈的目的是提高ETH的可伸縮性，但我們估計基礎（第2層）已從ETH的市值中取消了500億美元。假設以太坊基金會的方向沒有變化，我們看到ETH-BTC繼續下降。我們現在預計到2025年底，ETH-ISD在4,000美元的範圍內，” Kendrick在電子郵件發送給BeincIncrypto的一封電子郵件中寫道。

At the time of writing, ETH/BTC has dropped to a new low of 0.021 BTC, its lowest level since 2021.

在撰寫本文時，ETH/BTC已降至0.021 BTC的新低點，這是自2021年以來的最低水平。

Analysts highlight that the increasing number of Layer 2 solutions has fragmented Ethereum's ecosystem, which has contributed to its disappointing price performance over the past year.

分析師強調，第2層解決方案數量的增加使以太坊的生態系統分散了，這在過去一年中導致了令人失望的價格績效。

Standard Chartered's forecast paints a divided picture of the post-Liberation Day crypto market. Bitcoin remains dominant due to its increasing accessibility and stabilizing volatility.

標準憲章的預測描繪了解放後日加密市場的分開。比特幣由於可及性的增加和穩定波動性而保持占主導地位。

Meanwhile, Avalanche emerges as a strong contender in the EVM blockchain space. Ethereum, despite its foundational role, may face significant challenges unless it addresses its current limitations.

同時，雪崩在EVM區塊鏈空間中成為強大的競爭者。儘管以太坊的基本角色，但除非解決當前的局限性，否則可能會面臨重大挑戰。