Steno Research released a report predicting 2025 will be a historic year for cryptocurrencies, including Bitcoin and Ethereum. The report highlights a combination of factors driving this positive outlook.
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 price targets stem from several interlinked factors:
- Regulatory Support: Governments and regulators are expected to adopt a more favorable stance on cryptocurrencies. - Post-Halving Momentum: Bitcoin's halving cycle is anticipated to fuel significant upward pressure on BTC prices. - Macroeconomic Tailwinds: Declining interest rates and improved liquidity conditions create a supportive environment for crypto assets.
Institutional Adoption: A Tipping Point
Steno Research forecasts a surge in institutional capital inflows through Bitcoin and Ethereum ETFs. Net inflows for BTC ETFs are expected to reach $48 billion, and ETH ETFs could see inflows of $28.5 billion by 2025. This trend underscores institutions’ increasing confidence in crypto as an asset class.
DApps and Altcoins: The Rise of a New Era
The report also highlights the importance of decentralized applications (DApps) and altcoins. Total value locked in DApps is forecast to reach $300 billion by 2025. Key drivers for this growth include:
- Enhanced On-Chain Activity: Ethereum and other altcoins, such as Solana, are expected to benefit from increased on-chain transactions. - Altcoin Season: Bitcoin’s market dominance is predicted to drop to 45%, allowing altcoins to gain prominence.
According to the Steno Research report, 2025 could be a crucial year for cryptocurrencies, thanks to improved regulatory support, institutional adoption, and the growing popularity of decentralized applications and altcoins.
