According to financial media reports, Citigroup's latest analytical report has made predictions about the future price movement of Ethereum (ETH). The report indicates that by the end of 2025, the price of Ethereum may reach around $4,300. It is worth noting that analysts have also provided target prices under different market scenarios: in an optimistic scenario, the price of Ethereum could climb to $6,400; while in a pessimistic scenario, it may fall to $2,200.

Citigroup analysts have particularly emphasized the main driving factors behind the recent price increase of Ethereum: the rapid development of layer two networks. Data shows that currently, only about 30% of activity on the Ethereum network occurs on the main chain, and this phenomenon directly affects the market pricing of ETH.

Despite the generally optimistic outlook of the market towards Ethereum's scaling solutions, Citigroup analysts remain cautious about its current valuation. They believe that the current trading price is already above the valuation levels of their internal models. This cautious attitude reflects analysts' concerns about an overheated market and a rational assessment of Ethereum's long-term development prospects.

With the continuous evolution of blockchain technology and the expansion of application scenarios, Ethereum, as a leader in smart contract platforms, is worth ongoing attention for its future development. Investors should comprehensively consider multiple factors such as technological advancements, market sentiment, and potential risks when making decisions.