Bitcoin and Ethereum Prices Projected to Surpass Major Thresholds
According to Steno Research’s recent research note, 2025 is poised to be the cryptocurrency market’s best year ever. The firm predicts that Bitcoin (BTC) and Ethereum (ETH) will crush all-time highs, marking a significant milestone in their respective markets. Steno Research further anticipates that both cryptocurrencies are set for an "increasingly optimistic" year ahead, with altcoins also expected to thrive.
Bitcoin’s Price Projection:
Steno Research projects Bitcoin’s spot price to exceed $150,000 by the end of 2025. This projection is driven by a combination of factors, including a "remarkably favorable regulatory environment," macroeconomic conditions with declining interest rates and improved liquidity, and historical performance post-Bitcoin halving events.
Ethereum’s Price Outlook:
Similarly, Ethereum’s spot price is projected to surpass $8,000. The report underscores the strong macroeconomic climate in the industry, which has been bolstered by institutional adoption reaching "unparalleled levels." This trend is further amplified by significant inflows into U.S.-based Bitcoin and Ethereum exchange-traded funds (ETFs).
** Institutional Adoption and ETF Inflows:**
Steno Research highlights that Bitcoin and Ethereum ETFs are set to experience net inflows of $48 billion and $28.5 billion, respectively, in 2025. This institutional adoption is expected to further solidify the dominance of these cryptocurrencies in the market.
Altcoin Surge Expected in 2025
Steno Research’s research also points toward an "altcoin season" in 2025, with Bitcoin’s dominance expected to drop from its current levels of nearly 57% to around 45%. This shift is attributed to the increasing support for alternative cryptocurrencies, influenced by key factors such as Donald Trump’s U.S. presidential victory.
Impact of Trump’s Presidency:
The report states that Trump’s victory is more favorable for altcoins than for Bitcoin, encouraging "more robust onchain activity," which benefits tokens like Ethereum and Solana significantly. This sentiment is expected to drive further growth in the altcoin space.
Total Value Locked (TVL) Projection
Another key projection from Steno Research is the forecasted growth of the total value locked (TVL) in decentralized applications, with an estimated $300 billion in 2025. This projection far surpasses the approximately $180 billion mark set in 2021.
Source:Steno Research
institutional players and Market Sentiment
In addition to ETF inflows, institutional adoption is expected to play a crucial role in propelling cryptocurrencies forward in 2025. The report highlights that U.S.-based Bitcoin and Ethereum ETFs are set to experience significant inflows, further solidifying their presence in the market.
Grayscale Adds Positions:
Grayscale, a prominent crypto-asset manager, has announced the addition of multiple institutional-grade BTC/USD and ETH/USD positions, underscoring the growing confidence in these assets.
CEO Comments on Market Sentiment
CEO comments from leading cryptocurrency figures have further highlighted optimism about 2025. Many executives have expressed confidence in the potential for significant growth in Bitcoin and Ethereum, with a focus on upcoming regulatory clarity and technological advancements.
Conclusion:
In summary, Steno Research’s analysis paints a promising picture for 2025 in the cryptocurrency market. With Bitcoin and Ethereum poised for significant price increases, altcoins expected to surge, institutional adoption at an all-time high, and a favorable macroeconomic environment, 2025 is undeniably set to be a transformative year for cryptocurrencies.
[Source:Steno Research] | [Source:Grayscale]
