According to the latest report from Bitwise, the Crypto asset market will have a transformative year in 2025, with the expectation that BTC will surpass the $200,000 mark.
This report, titled "The Next Year: 10 Predictions for Crypto Assets in 2025", highlights the driving factors for the industry's development, including clearer regulations, institutional adoption, and technological innovation. These factors indicate that the "Golden Era of Crypto Assets" that Bitwise refers to has arrived.
The growth of BTC to $200,000 could be driven by the influx of capital into Bitcoin spot ETFs, attracting $33.6 billion in 2024, breaking previous records.
The report predicts that by 2025, more and more institutions will allocate a larger proportion of their investment portfolios to BTC, accelerating this trend.
A more optimistic prediction is that the US government may establish a strategic BTC reserve, which could spark a global race among nations to hold digital assets.
ETH, with a 75% growth rate in 2024, is expected to regain attention due to increased activity in Layer2 solutions like Base and Starknet. These advancements are likely to attract billions of dollars into ETH spot ETFs, driving the price of ETH to $7,000.
Meanwhile, thanks to low transaction fees and a continuously growing developer ecosystem, SOL is expected to surge to $750, driven by its dominance in the memecoin space and the migration of key projects to its network.
The report also emphasizes the importance of Crypto assets moving beyond speculative trading, particularly their integration with the traditional financial system.
With new laws in the US providing a clear legal framework, the market capitalization of stablecoins is forecast to double to $400 billion. The increasing use of stablecoins in cross-border payments and remittances makes them a formidable competitor to traditional payment networks like Visa.
In addition to price volatility, 2025 is expected to be a transformative year for the institutionalization of Crypto assets.
Coinbase, one of the largest Crypto asset exchanges, is expected to surpass Charles Schwab to become the world's most valuable broker, with its stock potentially exceeding $700.
This growth is likely to be driven by increasing revenue from stablecoins and the success of the Layer2 network, Base.
Coinbase is expected to be included in the S&P 500 index, and MicroStrategy will be added to the NASDAQ 100 index, allowing most US investors holding index-linked funds to gain exposure to Crypto assets.
The report also calls 2025 the "Year of Crypto Asset IPOs", predicting that companies like Circle, Chainalysis, and Kraken will conduct at least five major public listings.
This wave of IPOs reflects the maturity of the market and the growing interest of investors who want to capitalize on the industry's development.
Furthermore, as Wall Street increasingly adopts the efficiency and transparency of blockchain, the tokenization of real-world assets, including US government bonds and private credit, is expected to exceed $50 billion.
Despite the ongoing risks, such as legal hurdles and market volatility, Bitwise expects the integration of Crypto assets with the global financial ecosystem to continue to evolve.
