Analysts Predict Ethereum Could Reach $25,000 by 2028
Written by Emily J. Thompson, Senior Investment Analyst
Source: Fool
- Market Forecast: Standard Chartered analysts raised Ethereum's price prediction to $25,000 by 2028, indicating a potential upside of 730% from current levels, reflecting a bullish outlook on Ethereum's future.
- Total Value Locked Growth: Ethereum's total value locked (TVL) surged from $15 billion at the end of 2020 to nearly $68 billion today, representing over 350% growth, which underscores its dominant position and appeal in the decentralized finance (DeFi) sector.
- Tokenization Potential: Deutsche Bank forecasts that the market for tokenized assets will grow from $33 billion today to between $1.5 trillion and $2 trillion over the next decade, a nearly 4,500% increase, providing robust support for Ethereum's further growth.
- Stablecoin Market Expansion: Citibank projects the stablecoin market could expand from $280 billion to between $1.6 trillion and $4 trillion, representing potential growth of over 1,300%, which will further drive Ethereum's adoption and value enhancement.
Analyst Views on C
Wall Street analysts forecast C stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for C is 115.10 USD with a low forecast of 104.50 USD and a high forecast of 134.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
16 Analyst Rating
11 Buy
5 Hold
0 Sell
Moderate Buy
Current: 116.690
Low
104.50
Averages
115.10
High
134.00
Current: 116.690
Low
104.50
Averages
115.10
High
134.00
About C
Citigroup Inc. is a global diversified financial services holding company. The Company’s segments include Services, Markets, Banking, Wealth and U.S. Personal Banking (USPB). The Services segment includes Treasury and Trade Solutions (TTS) and securities services. TTS provides an integrated suite of tailored cash management, trade and working capital solutions to multinational corporations, financial institutions and public sector organizations. The Markets segment provides corporate, institutional and public sector clients around the world with a full range of sales and trading services across equities, foreign exchange, rates, spread products and commodities. The Banking segment includes investment banking, which supports client capital-raising needs to help strengthen and grow their businesses. The Wealth segment includes Private Bank, Wealth at Work and Citigold and provides financial services to a range of client segments. USPB segment includes branded cards and retail services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
