Bitcoin’s bullish trend could push it to $94,000 in 2025 and potentially $145,600 by 2028, driven by halving events.
Ethereum might hit $7,000 in 2025 and $30,000 by 2040, fueled by DeFi adoption and institutional investment.
Solana’s robust growth could see it reach $378 by 2025 and $1,250 by 2040, supported by technological advancements.
Bitcoin is making a comeback, hovering between $67,000-$69,000, igniting a wave of bullish predictions for leading altcoins like Ethereum, Solana, Ripple, Cardano, and Dogecoin, as well. Analysts see the potential for even higher highs in the near future, suggesting a broader market rebound could be underway.
At the start of 2024, Bitcoin (BTC) traded between $42,000 and $43,000, exhibiting a horizontal pattern before climbing to a high of $45,582.79, generating positive sentiment among traders. Currently, BTC’s price is $67,967, up 0.50% over the last 24 hours, with a trading volume of $32.11 billion over the same period.
Coin Edition had predicted a gradual rise, expecting BTC to reach $68,000 by the end of 2024 and potentially $94,000 in 2025 as the bull market strengthens. By 2026, a correction may occur, with BTC dropping to support levels before recovering.
The next Bitcoin halving in 2028 could propel BTC to a new high of $145,600, followed by continued bullish sentiment into 2029, reaching around $155,342. By 2030, Bitcoin may consolidate around $150,997, with long-term forecasts predicting a rise to $472,904 by 2040 and $864,562 by 2050, assuming global recognition and favorable market conditions prevail.
Ethereum (ETH) is also showing a positive trend. Currently, ETH trades at $3,330.92, up 2.04% over the last 24 hours, with a trading volume of $13,369,909,139.
Coin Edition had predicted ETH could break past the $3,483 mark in 2024, potentially revisiting the $4,096 level. By 2025, Ethereum’s price might soar between $5,000 and $7,000 due to increased institutional investment.
By 2029, projections estimate ETH reaching $12,500, and by 2030, it could hit $15,000, driven by the growing adoption of decentralized finance (DeFi). Despite expected fluctuations, Ethereum might surge to $30,000 by 2040, reaffirming its market leadership.
Solana (SOL) has demonstrated remarkable growth, positioning itself as a leading cryptocurrency. Currently, SOL trades at $189.11, up 2.36% in the last 24 hours, with a trading volume of $2,867,100,767.
For 2024, SOL’s price could reach new all-time highs around $257 if the bullish momentum persists. However, a retracement to key support levels like $125 is possible before a further rise. By 2025, SOL could trade at $378, potentially hitting $604 by 2029. By 2040, SOL might reach an average price of $1,250, driven by continued adoption and technological advancements.
Ripple (XRP) is expected to see gradual upward movement in 2024, potentially reaching $0.76 by year-end. Currently, XRP is at $0.603317, up 0.53% over the last 24 hours, with a trading volume of $968,938,052.
In 2025, XRP could approach $0.98, especially if the Ripple vs. SEC lawsuit reaches a favorable resolution. By 2027, XRP might surpass $1, driven by advancements in the XRPL and stablecoin developments. By 2030, XRP could settle around $2.50, reflecting significant market cap growth.
Cardano (ADA) has potential for substantial growth. Currently, ADA is at $0.413899, up 1.56% in the last 24 hours, with a trading volume of $274,091,848. By 2024, ADA could rise to approximately $0.93.
In 2025, it might hit $1.36, and by 2026, it could reach $2.01. However, fluctuations are expected, with a possible drop to $0.87 in 2028. By 2030, ADA could surge to $3.72, driven by increased adoption, with long-term projections suggesting ADA might reach $4.90 by 2040 and $5.38 by 2050.
Dogecoin (DOGE) shows potential for significant growth, driven by technical indicators and external developments. Currently, DOGE is at $0.131890, up 1.51% in the last 24 hours, with a trading volume of $783,479,087. By 2024, DOGE could approach $0.96, and by 2025, it might reach $1.20. By 2030, DOGE could surpass $3.00 due to broader adoption, potentially reaching $5.25 by 2040 and $8.50 by 2050.
Uniswap (UNI) is expected to experience significant fluctuations. Currently, UNI is at $7.81, up 2.99% in the last 24 hours, with a trading volume of $88,073,282. In the near term, UNI’s price could reach $31.88 in 2024, and by 2025, it might hit $58.90. By 2030, UNI could soar to $150, and by 2040, it might reach $223. By 2050, UNI’s value could exceed $475.13, reflecting its leading position in the decentralized exchange market.
The coming months and years promise to be a wild ride for crypto enthusiasts, with analysts forecasting significant potential for Bitcoin, Ethereum, Solana, Ripple, Cardano, and Dogecoin. Looking at the current prices and their future trajectory based on technical analysis, it is clear that the crypto market is far from stagnant.
The post Crypto Market Forecast: Long-Term Price Predictions for Major Coins appeared first on Coin Edition.
