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The Coin Rise 2024-12-31 20:45:03

Ethereum May Outshine Bitcoin In 2025 as Altcoins Gain Ground

Steno Research’s recent report predicted that Ethereum is poised to outpace Bitcoin in 2025. It was added that Ethereum has what it takes to double more than its current value, while Bitcoin may see a more modest increase. This shift reflects Ethereum’s growing dominance and investor interest in altcoins. Ethereum’s Surge: A Bold Outlook Steno Research forecasted that Ethereum will surge past $8,000 in 2025, doubling its current price of $3,400. The asset would need to increase by approximately 135.29% to achieve this. Meanwhile, Bitcoin’s value is projected to rise to at least $150,000, up from about $94,000. This requires an increase of about 59.57% to hit the speculated new mark. The report revealed that this price shift could push the Ethereum/Bitcoin ratio to 0.06, a significant increase from its current 0.0357. This trend follows previous market cycles, where altcoins gained strength and market share. A key factor driving Ethereum’s anticipated growth is the impact of Donald Trump’s potential U.S. presidential victory in 2024. Steno analysts believe that Trump’s leadership will be more beneficial for altcoins than Bitcoin. This shift in political dynamics is expected to drive greater institutional interest and adoption of altcoins, with Ethereum at the forefront. Notably, this Steno Research report starkly contrasts Franklin Templeton’s prediction of sovereign Bitcoin adoption in 2025. Bitcoin’s Dominance to Decline Amid Altcoins Focus and the DeFi Boom While Bitcoin has historically been the dominant player in the crypto space, that dominance is expected to wane in 2025. Steno Research predicted Bitcoin’s market share will drop from its current 56.6% to as low as 45%. This decline would lead investors to diversify their portfolios into a broader range of digital assets. Steno’s report also highlights the growing focus on altcoins, particularly in the decentralized finance (DeFi) sector. The total value locked (TVL) in decentralized applications (dApps) is expected to hit a record high of $300 billion by 2025. This surge in DeFi activity will further bolster altcoin prices. As expected, Ethereum will continue to lead the charge in smart contracts and decentralized application development. The ETF Factor: A Catalyst for Altcoin and Ethereum Growth Another significant development that could accelerate altcoin growth is the potential introduction of more crypto exchange-traded funds (ETFs) in the U.S. These ETFs are expected to open the doors for institutional investors, accelerating the adoption of Ethereum and other altcoins. With institutions increasingly entering the crypto space, these ETFs could catalyze more widespread Ethereum and other altcoins adoption. Steno Research predicts that 2025 will witness an unprecedented scale of institutional adoption of crypto, with altcoins benefiting the most. The post Ethereum May Outshine Bitcoin In 2025 as Altcoins Gain Ground appeared first on TheCoinrise.com .

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