Bitwise predictions: Ethereum will be worth $7,000 and Solana $750 in 2025
December 11, 2024
According to experts from Bitwise, Bitcoin's growth in 2025 will be supported by interest in spot ETFs, investments from large corporations and governments, as well as the 2024 halving, which reduced supply. If the US creates a strategic reserve of 1 million BTC, the price could reach $500,000.
Impact of external factors on the market
Bitwise analysts highlight several risks for the cryptocurrency market in 2025. Political instability in the US, driven by disillusionment with Trump's policies, could reduce confidence in digital assets. There is a risk of governments liquidating digital assets, which could lead to a price crash. The waning popularity of meme tokens and the decrease in interest in them will slow market growth, while central banks' rate cuts will weaken demand for riskier investments, including blockchain assets.
The future according to Bitwise
In 2025, Ethereum could reach $7,000 due to the increasing popularity of Layer 2 solutions, such as Base and StarkNet, and the expected billions of dollars flowing into ETH through ETFs. Solana, according to forecasts, will grow to $750, driven by network development and the rising demand for decentralized applications (dApps).
Furthermore, Bitwise predicts several significant events that could affect the digital asset market in 2025. It is expected that interest in Bitcoin ETFs will increase, attracting more investments and supporting the growth of the first cryptocurrency. Additionally, Coinbase is likely to become the most valuable brokerage firm in the world, and five major blockchain companies will go public. The popularity of AI-agent tokens is predicted to rise, and the market capitalization of stablecoins may increase to $400 billion. An important factor will be the relaxation of regulations by the US Department of Labor regarding virtual currencies in 401(k) pension plans.
Even more ambitious is the 2029 forecast. Bitwise experts are confident that by then, BTC will surpass the gold market, which is valued at $18 trillion, and the price of one coin could exceed $1 million.