Citi Research, the research arm of financial giant Citi, predicts that the adoption of cryptocurrencies in 2025 will largely be driven by stablecoins and exchange-traded funds (ETFs).
Role of Stablecoins and ETFs in Crypto Development
According to Citi Research, stablecoins and ETFs will be key factors driving the crypto market dynamics in 2025. Stablecoins are expected to gain popularity not only as a means of payment but also as an investment tool capable of significantly affecting market trends.
Analysis of 2024 Achievements
The year 2024 was notable for the crypto world as the total market cap of digital assets surged by 90%, reaching a peak of $3.73 trillion. A significant part of this growth was attributed to the approval of spot Bitcoin and Ethereum ETFs by the United States Securities and Exchange Commission (SEC).
Future Projections
Citi Research forecasts that, in the long run, the crypto market will remain bullish, especially considering the current Relative Strength Index (RSI) indicators. It is anticipated that stablecoins and ETFs will continue to attract investor attention, potentially leading to further increases in market capitalization.
The impact of stablecoins and ETFs on the crypto market in the coming years will be significant, opening up new opportunities for investors and market participants.