Bitcoin, Ethereum, And Solana Poised For Record Highs In 2025
in the most recent ReportCryptocurrency exchange-traded fund (ETF) issuer and asset manager Bitwise has unveiled bold forecasts for Bitcoin and the broader cryptocurrency market through 2025, highlighting the major cryptocurrency’s remarkable performance this year.
A stellar year for Bitcoin and major cryptocurrencies
Bitcoin reached an all-time high of $104,000 earlier this month and is up 141.72% this year, mainly due to the historic launch of a spot Bitcoin ETF in the United States, which has accumulated $33.56 billion in assets.
Other cryptocurrencies also showed impressive gains: Solana (SOL) jumped 127.71%, XRP surged 285.23%, Ethereum (ETH) rose 75.77%.
Notably, crypto-related stocks such as MicroStrategy and Coinbase also saw significant gains, at 525.39% and 97.57% respectively.
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Bitwise noted that in addition to rising prices, the regulatory environment for cryptocurrencies has also improved significantly. The victory of crypto-friendly candidates in the 2024 U.S. elections strengthens the industry’s prospects.
President-elect Donald Trump hugs cryptocurrency His campaign promises to create a strategic Bitcoin reserve and reform the U.S. Securities and Exchange Commission (SEC) have further fueled the current upward trend.
Trump’s nomination of Scott Bessent as Treasury Secretary — who has previously described cryptocurrencies as a tool for freedom — further signals a shift in the regulatory environment.
Optimistic forecast for 2025
As the team at Bitwise looks to the future, they express their enthusiasm for entering what they call the “Golden Age of Cryptocurrency.” Their forecast is based on several key factors, including rising Institutional Adoptionadvances in blockchain technology and anticipated global stimulus measures from major central banks.
The report specifically predicts that the “Big Three” of Bitcoin, Ethereum, and Solana will continue to outperform traditional asset classes.
In 2024, these cryptocurrencies significantly outperformed the returns of the S&P 500 (28.07%), gold (27.65%), and bonds (only 3.40%). Bitwise expects this momentum to continue into 2025, with all three assets hitting all-time highs.
The study states that continued demand for Bitcoin is driven by the infusion of funds into Bitcoin ETFas well as the impending supply reduction due to the April 2024 halving.
this halved The purpose of the event is to reduce the issuance of new Bitcoins, thereby increasing scarcity. If the U.S. government implements its proposal to establish a strategic reserve of 1 million Bitcoins, Bitwise predicts that the price of Bitcoin will soar to US$200,000 or even US$500,000.
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Despite its strong performance in 2024, Ethereum has also hit roadblocks as investors turn their attention to Bitcoin and faster-growing blockchains. However, Bitwise predicts that the Ethereum narrative will shift in 2025.
They believe activity at layer 2 (L2) solutions such as Base and Starknet will expand dramatically, as will inflows into spot Ethereum ETFs. timeThe rise of stablecoins and tokenization projects on Ethereum is also expected to fuel investor interest. The firm expects the market-leading altcoin to surge to a new all-time high of $7,000.
SolanaOn the other hand, it is known for rebounding quickly after the market crash in 2022 and is expected to perform well in 2025 as well. The research attributes Solana’s 2024 surge to memecoin mania, similar to the GameStop trading saga.
Going forward, Bitwise expects projects to continue migrating to the Solana network, expanding their ecosystem beyond memecoin. Bitwise expects the price to rise significantly, almost tripling the current price record, reaching a new high of $750 per SOL.
As of this writing, Bitcoin is trading at $96,000, while Ethereum and Solana are trading at around $3,662 and $218 respectively.
Featured images from DALL-E, charts from TradingView.com
