The year 2025 officially kicks off today, and Galaxy, a financial services and investment management firm, has already summarized the important developments in the cryptocurrency field in 2024 and has also launched a series of predictions for the cryptocurrency industry in 2025 . This article will bring readers the complete content of Galaxy's predictions.
You are also welcome to visit》Taiwan Blockchain《Top 30 Most Influential People of the Year》: Key Predictions for the 2025 Market, Web3 Trend Analysis
Bit
1. Bit will break through $150,000 in the first half of 2025 , and test or reach $185,000 in Q4:
Since its inception, Bit's growth rate has surpassed all other asset classes, especially the S&P 500 index and gold, and this trend will continue in 2025 .
2. By 2025 , the total assets under management of the US spot Bit ETF will exceed $250 billion:
According to US 13F filings, many hedge funds around the world have purchased Bit spot ETFs, and in just one year, the size of Bit spot ETFs is only 19% away from fully surpassing the asset size of the US physical gold ETF.
3. In 2025 , Bit will once again be one of the best performing assets globally on a risk-adjusted basis.
4. At least one top wealth management platform will announce a Bit allocation of 2% or higher:
Due to various reasons, including internal requirements, compliance, etc., major wealth management companies have not yet formally added Bit to their investment portfolio models, but this situation will change in 2025 , driving further growth in the size of Bit spot ETFs.
5. Five Nasdaq 100 index companies and five nation-states will announce that they have added Bit to their balance sheets or sovereign wealth funds:
Whether for strategic reasons, portfolio diversification needs, or trade settlement, Bit will begin to occupy a place on the balance sheets of major corporations and sovereign allocators.
The competition between nation-states, especially non-aligned countries, countries with large sovereign wealth funds, and even countries hostile to the US, will drive them to adopt Bit reserve strategies.
6. Bit developers will reach consensus on the next protocol upgrade in 2025 :
As of December 2024 , the two most popular pending opcodes for Bit include OP_CTV (BIP119) and OP_CAT (BIP347). Reaching consensus on soft forks has always been a time-consuming and rare feat since the birth of Bit, but consensus will be reached in 2025 .
7. More than half of the top 20 publicly traded Bit mining companies by market cap will announce a transformation into hyperscale enterprises, AI, or high-performance computing companies, or establish partnerships with related companies.
8. Bit DeFi will double by 2025 :
The Bit DeFi market is currently valued at around $15.4 billion and is expected to see significant expansion by 2025 , with growth drivers including: cbBTC supply growing 150% annually, WBTC supply growing 30%, Babylon TVL reaching $8 billion, and new Bit Layer2 networks reaching $4 billion in DeFi TVL.
Ethereum
9. By 2025 , the ETH price will exceed $5,500:
In the new regulatory environment, traditional capital markets will seriously try public chains like Ethereum, and ETH will occupy the largest adoption share in market growth.
10. Ethereum staking rate exceeds 50%:
The Trump administration may provide clearer regulation and guidance for the US crypto industry, and the demand for staking will continue to rise next year. By the end of 2025 , it may exceed half of the Ethereum circulating supply.
11. By 2025 , the ETH/BTC exchange rate will be one of the most closely watched focuses in the overall cryptocurrency market.
12. Layer2 networks as a whole will generate more economic activity than all L1 blockchains combined.
DeFi
13. DeFi will enter a bonus period, and on-chain applications will share at least $1 billion in funds with users and Token holders through treasury funds and revenue:
As regulation becomes clearer, the value sharing of on-chain applications will expand. For example, applications like Ethena and Aave have already put forward relevant proposals.
14. On-chain governance will be revived, and applications will try to innovate governance models:
On-chain governance has historically faced two major problems: 1) lack of participation; 2) lack of decision-making diversity. However, Polymarket's recent success suggests these issues will be improved by 2025.
Banks and Stablecoins
15. The world's four largest custodian banks will connect to digital asset custody services by 2025.
16. With the support of traditional finance (TradFi) partners, at least 10 more stablecoins will be launched:
From 2021 to 2024, the stablecoin market has experienced rapid growth, with the current number of projects reaching 202, including projects closely related to traditional finance.
Looking ahead, as regulation becomes clearer, traditional finance participants are expected to integrate stablecoins into their operations to maintain their leading edge.
17. By 2025, the total supply of stablecoins will double, exceeding $400 billion:
Increasingly clear regulation of existing stablecoin issuers as well as traditional banks, trust companies, and deposit-taking institutions will lead to an explosive growth in stablecoins.
18. Tether's dominance will drop below 50%:
Affected by various stablecoins, such as BlackRock's BYIDL and Ethena's USDe, Tether's market share will be eroded.
At the same time, USDC's rewards to users will also become a major weapon, driving it to expand its market share.
Investment and Policy
19. Total investment in the cryptocurrency field will exceed $150 billion, up 50% year-over-year:
Given the decline in interest rates and increased regulatory transparency, venture capital activity will surge.
20. Stablecoin legislation will be passed in both houses of Congress and signed into law by President Trump.
21. The U.S. government will not purchase BTC in 2025, but will establish a treasury for the BTC it already holds and gradually promote a BTC reserve strategy.
22. The U.S. Securities and Exchange Commission (SEC) will investigate Prometheum:
Prometheum is the first so-called special purpose broker-dealer, and Gary Gensler's views on the status of digital asset securities drew attention in 2023, especially when this obscure company obtained the first new category broker-dealer license.
According to FINRA records, Republican lawmakers have called for the Department of Justice and SEC to investigate Prometheum's ties to China, and others have also pointed out violations in its fundraising and reporting. Whether or not Prometheum is investigated, the special purpose broker-dealer license is likely to be revoked by 2025.
23. Dogecoin (DOGE) will ultimately reach $1, with a market cap of $100 billion.
