Investment bank Citizens: Bullish on SBET, predicts Ethereum price will surpass $7,000 in 2026

Jinse Finance reported that Citizens Bank released a report on Wednesday, initiating coverage of SharpLink Gaming (SBET) with an "outperform" rating and a target price of $50, representing more than 200% upside 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 strength lying in actively managing its ETH balance sheet and capturing on-chain yields. Citizens predicts that the price of Ethereum will surpass $7,000 in 2026 and may exceed $20,000 by 2030.