Citi: Ethereum price expected to fall to $4,300 by the end of the year

ZkProver · 2026-03-07T05:46:32+00:00

Citigroup expects Ethereum to reach $4,300 by the end of the year, with an optimistic scenario of $6,400 and a pessimistic scenario of $2,200. Analysts point out that network activity is a key driver of its value, but most of the growth occurs on layer 2 networks, with valuation limited by capital inflows and macroeconomic conditions.

ZkProver

2026-03-07 05:46:32

Abstract generation in progress

ChainCatcher reports that, according to CoinDesk, Wall Street giant Citigroup has released a new Ethereum price forecast, expecting the price to reach $4,300 by the end of the year, which is a decline from the current price. However, this is only a baseline forecast. The bank’s comprehensive assessment covers a wide range, with an optimistic scenario predicting Ethereum reaching $6,400, and a pessimistic scenario at $2,200.

Citigroup analysts stated that network activity remains a key driver of Ethereum’s value, but most recent growth has occurred on Layer 2 networks, and its “value transfer” to the Ethereum mainnet is still unclear. Citigroup assumes that only 30% of Layer 2 activity contributes to Ethereum’s valuation, meaning the current price is above what their activity-based model predicts, possibly due to strong capital inflows and market enthusiasm driven by tokenization and stablecoins.

Citigroup expects that, given Ethereum’s relatively small market cap and low recognition among new investors, capital inflows will remain limited. Macro factors are believed to provide only limited support. Since the stock market has approached the bank’s target of 6,600 for the S&P 500 index, analysts do not expect risk assets to see significant gains.

ETH-3.65%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.