Citigroup believes Ethereum is tracking toward a year-end target of $4,300, according to recent projections, with investor appetite and expanding ETH use cases—like stablecoins and tokenized assets—driving the narrative.
According to a new Reuters report, analysts with the banking behemoth believe that recent price action appears to be sentiment-led, outpacing on-chain activity.
The bank’s position is that the current valuation suggests buyers are responding more to future-facing potential than present fundamentals.
Ethereum continues to differentiate itself from Bitcoin (BTC) in terms of functionality. Its staking model allows holders to earn yield by supporting the network, making it an increasingly attractive option for institutions seeking active returns.
Expectations for ETH-focused exchange-traded fund (ETF) inflows remain more conservative than BTC’s, signaling a tempered institutional approach.
Fellow banking giant Standard Chartered recently revised its year-end ETH forecast to $7,500, citing stronger corporate engagement and deeper integration across the digital asset space. Their outlook also includes a projected eightfold expansion in the stablecoin sector by 2028—an inflection point that could significantly increase Ethereum network activity and fee generation.
Scenario modeling suggests a bullish case of $6,400, driven by broader adoption and rising transaction volume. The downside scenario lands at $2,200, factoring in macroeconomic headwinds and equity market softness.
ETH is trading for $4,464 at time of writing, down marginally on the day.
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