Gemini Sees Bullish Ethereum Price Potential Despite Current Struggles

Ethereum's price has been struggling in recent months, but some analysts see a potential for recovery by the end of 2026. Google Gemini projects a bullish year-end range of $4,000-$6,000 for Ethereum, which would require gains of around 113% to 220% from its current price of $1,876.

The firm's prediction is based on several factors, including declining exchange reserves and increasing staking participation. As more users stake their ETH, it removes the coins from immediate tradable supply, potentially creating a supply shock if demand accelerates.

Additionally, Gemini expects institutional adoption to play a key role in Ethereum's recovery. Continued growth in spot and yield-bearing Ethereum products could introduce additional demand, while expansion in stablecoins and real-world asset tokenization could strengthen Ethereum's role as financial infrastructure.