Steno Research released a report suggesting that 2025 will be a historic year for cryptocurrencies, led by Bitcoin (BTC) and Ethereum (ETH), due to favorable regulatory changes, improving macroeconomic conditions, and growing institutional adoption.
Record-Breaking Predictions for BTC and ETH
The report projects Bitcoin's price to exceed $150,000 and Ethereum’s to surpass $8,000 by 2025. These price targets are based on several interlinked factors, including regulatory support, post-halving momentum, and macroeconomic tailwinds. Ethereum is expected to outperform Bitcoin, with the ETH/BTC ratio rising from 0.035 to 0.06, reflecting Ethereum’s expanding role in decentralized applications and the broader blockchain ecosystem.
Institutional Adoption of Cryptocurrencies
Steno Research forecasts a surge in institutional capital inflows, particularly through U.S.-based Bitcoin and Ethereum exchange-traded funds (ETFs). Net inflows for BTC ETFs are expected to reach $48 billion, while ETH ETFs could see inflows of $28.5 billion by 2025. This underscores institutions’ increasing confidence in crypto as an asset class.
The Rise of DApps and Altcoins
The report highlights the growth of decentralized applications (DApps) and alternative cryptocurrencies (altcoins). Total value locked (TVL) in DApps is forecast to reach $300 billion in 2025, a significant leap from the $180 billion peak in 2021. Enhanced on-chain activity and an expected altcoin season are key drivers, as Bitcoin's market dominance is predicted to drop from 57% to 45%.
Steno Research's report indicates that the coming years could be transformative for the cryptocurrency world. Increasing regulatory support, institutional investment growth, and the rise of altcoins provide a foundation for sustained growth and new opportunities in the sector.
