Citizens Sees Ether (ETH) Primed for $10K as Supply Tightens and Institutional Demand Surges
Citizens bank projects Ether could surpass $10,000 within two years due to rising adoption, institutional inflows, and shrinking liquid supply.Summary
American bank Citizens predicts that Ether (ETH) has the potential to climb above $10,000 within the next two years. This bullish outlook is based on several key factors: accelerating adoption of Ethereum as the leading smart contract platform, increasing institutional capital inflows, and a contracting liquid supply. The bank highlights Ethereum's role in underpinning DeFi, tokenization, and on-chain applications. Drivers of demand include institutional adoption, ETF inflows, and Real-World Asset (RWA) tokenization, while supply is shrinking due to staking, treasury absorption, and the EIP-1559 fee burn mechanism. Citizens estimates that by 2027, less than 50 million ETH might remain truly liquid out of the current total, mirroring a corporate buyback effect. Given this constrained float environment, the analysts believe even moderate capital inflows could significantly impact the price, leading to their base case projection exceeding $10,000.
(Source：CoinDesk)