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Bitwise makes key crypto predictions for the year 2025

Bitwise makes key crypto predictions for the year 2025

CryptopolitanCryptopolitan2024/12/11 05:33
By:By Noor Bazmi

Share link:In this post: Bitwise expects at least five big crypto companies will go public with their shares next year. The firm also predicted Bitcoin, Ethereum, and Solana to reach new records. Along with that BTC could even surpass gold’s market cap of $18 trillion in the year 2029.

Bitwise, a crypto exchange-traded funds issuer, expects at least five big crypto companies to go public with their shares next year. These include Circle, an issuer of stablecoins, and Kraken, an established crypto exchange.

The predictions were made in a recent report by Matt Hougan and Ryan Rasmussen at Bitwise titled ‘10 Crypto Predictions for 2025’.

They mentioned the possibility that “crypto bank” Anchorage Digital, analytics firm Chainalysis, and crypto exchange Figure will go public. According to them, rising investor interest, more involvement from major financial players, good economic conditions, and more friendly political attitudes will all contribute to making 2025 the “Year of the Crypto IPO”.

Bitcoin, Ethereum, and Solana to reach new records according to Bitwise

Another prediction included in the report was for BTC to cross $200,000 by the end of next year. A bonus prediction mentions BTC to surpass gold’s market cap of $18 trillion in the year 2029.

On the other hand, Ethereum will also hit a record high of $7,000, pushed by increasing activity on Ethereum’s layer 2 networks, including a “massive growth in stablecoins and tokenized projects” and more cash inflows into Ether exchange-traded funds.

Hougan and Rasmussen expect Solana’s association with “serious” projects to increase its price to $750, a 250% rise from its current price of $215.

See also Fan tokens volumes explode, is this the next big crypto trend?

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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