Ethereum may be on the brink of a ‘supercycle’ fueled by growing Wall Street adoption and the rise of agentic AI platforms, as suggested by BitMine, the largest corporate holder of Ether. This emerging supercycle could challenge traditional four-year crypto market cycles, with catalysts including increased institutional capital and innovation in trading products. Although Ether's price has risen approximately 108% over the past six months to around $4,177, Citigroup maintained a conservative year-end price target of $4,300, highlighting potential overestimations in current valuations. Additionally, BitMine emphasizes the significance of AI agents requiring public blockchain compatibility to enhance Ethereum's application landscape. Experts like Ben Horowitz argue that crypto could serve as a vital economic network for AI, facilitating transactions that traditional credit systems cannot support. Overall, while optimism grows around Ethereum’s future, skepticism persists within traditional financial circles regarding its price trajectory.

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