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Cryptopolitan 2024-12-11 05:31:33

Bitwise makes key crypto predictions for the year 2025

Bitwise, a crypto exchange-traded funds issuer, expects at least five big crypto companies to go public with their shares next year. These include Circle, an issuer of stablecoins, and Kraken, an established crypto exchange. The predictions were made in a recent report by Matt Hougan and Ryan Rasmussen at Bitwise titled ‘10 Crypto Predictions for 2025’. They mentioned the possibility that “crypto bank” Anchorage Digital, analytics firm Chainalysis, and crypto exchange Figure will go public. According to them, rising investor interest, more involvement from major financial players, good economic conditions, and more friendly political attitudes will all contribute to making 2025 the “Year of the Crypto IPO”. Bitcoin, Ethereum, and Solana to reach new records according to Bitwise Another prediction included in the report was for BTC to cross $200,000 by the end of next year. A bonus prediction mentions BTC to surpass gold’s market cap of $18 trillion in the year 2029. On the other hand, Ethereum will also hit a record high of $7,000, pushed by increasing activity on Ethereum’s layer 2 networks, including a “massive growth in stablecoins and tokenized projects” and more cash inflows into Ether exchange-traded funds. Hougan and Rasmussen expect Solana’s association with “serious” projects to increase its price to $750, a 250% rise from its current price of $215. Land a High-Paying Web3 Job in 90 Days: The Ultimate Roadmap