Bitwise, a digital asset investment manager, has recently shared its predictions for the cryptocurrency market and industry in 2025. According to Ryan Rasmussen, Bitwise’s head of research, the company foresees significant growth for various cryptocurrencies in the coming year.
One of the standout predictions is for Solana (SOL), which Bitwise believes will experience a price surge of 250% to reach $750 in 2025. Currently trading at $214, Solana is positioned to surpass its previous all-time high of $263 from November 2024.
Bitcoin (BTC) is also expected to see a substantial increase, with Bitwise forecasting a 106% surge to reach $200,000 by the end of 2025. Similarly, Ethereum is projected to rally by 99%, reaching a price of $7,000 this year. At the time of writing, Bitcoin is valued at $96,940, while Ethereum is trading at $3,521.
Looking at US spot Bitcoin exchange-traded funds (ETFs), Bitwise anticipates a growth in inflows in 2025 compared to the previous year. The cumulative net inflows into these ETFs as of January 3rd amounted to approximately $35.66 billion.
In addition, Bitwise predicts that the number of countries holding Bitcoin in their reserves will double in 2025. Countries like El Salvador, which currently holds over $588.95 million in Bitcoin, are leading the way in adopting cryptocurrencies as part of their reserves.
As a bonus prediction, Bitwise suggests that by 2029, Bitcoin will surpass the $18 trillion gold market and trade above $1 million. With a market cap of approximately $1.917 trillion, Bitcoin continues to be a dominant force in the cryptocurrency space.
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