Investment Bank Citizens: Optimistic about predicting SBET, Ethereum price will exceed $7,000 in 2026

ChainCatcher news, Citizens Bank released a report on Wednesday, initiating coverage on SharpLink Gaming (SBET) with a "Market Outperform" rating and a target price of $50, representing an upside of over 200% from the current trading price of approximately $15.45.

The bank is optimistic about SharpLink as one of the most ambitious Ethereum asset management companies in the public market, with its core advantage being the active management of its ETH balance sheet and capturing on-chain yields. Citizens predicts that the price of Ethereum will surpass $7,000 by 2026 and may exceed $20,000 by 2030.