Steno Research released a report predicting 2025 as a historic year for cryptocurrencies, with Bitcoin and Ethereum leading the way.
BTC and ETH: Record-Breaking Price Predictions
The report projects Bitcoin's price to exceed $150,000 and Ethereum’s to surpass $8,000 by 2025. These predictions are based on:
* Regulatory Support: Expectation of a more favorable stance on cryptocurrencies. * Post-Halving Momentum: Historically linked to BTC price surges. * Macroeconomic Conditions: Declining interest rates and improved liquidity.
Institutional Adoption: A Tipping Point
Steno Research forecasts a surge in institutional capital inflows via U.S.-based Bitcoin and Ethereum ETFs. Net inflows for BTC ETFs could reach $48 billion, with ETH ETFs at $28.5 billion by 2025.
DApps and Altcoins: The Rise of a New Era
The report highlights the rise of decentralized applications (DApps) and altcoins, projecting a total value locked (TVL) of $300 billion in 2025. Key growth drivers include:
* Enhanced On-Chain Activity: Boosted growth of Ethereum and other projects like Solana. * Altcoin Season: Bitcoin’s dominance is expected to decrease, providing opportunities for other cryptocurrencies.
Steno Research emphasizes 2025's potential for cryptocurrencies through a mix of regulatory support and increasing institutional interest.