Steno Research: Ethereum may outperform Bitcoin in 2025

Odaily reports that Steno Research stated in a report on Sunday that Bitcoin's price is expected to rise from around $94,000 to at least $150,000 next year, while ETH's price will more than double, rising from $3,400 to at least $8,000. That is, the ETH/BTC exchange rate will rise from the current 0.0357 to 0.06 within the next 12 months, similar to the price trend of the previous cycle, and Altcoins will become the focus of attention. Analyst Mads Eberhardt wrote that "this expectation is partly based on the argument that a Donald Trump victory in the US presidential election would be more favorable to Altcoins than Bitcoin." The report states that Bitcoin's market share is expected to decline from the current around 56.6% to 45%. The TVL of decentralized applications is expected to reach a new high of $300 billion next year, which, if the forecast is correct, would further support the argument for the rise in Altcoin prices. (Coindesk)