As the cryptocurrency industry experiences significant growth in 2024 and investors look towards the next year, Presto Research has made a bold prediction that Bitcoin could reach $210,000 by 2025.

According to the latest report from Presto Research, the impact of U.S. policy will remain significant, and their predictions will come true following the Democratic Party's overwhelming victory in the most recent U.S. presidential election.

The report titled "From Chaos to Clarity: Assessing the Cryptocurrency Market in 2024 and Forecasting 2025" states that the creation of the Bitcoin Strategic Reserve Bill will set the stage for the geopolitical role of BTC and increase the likelihood that Bitcoin could reach $210,000 by 2025.

The Bitcoin Strategic Reserve Bill is the standout moment

Presto Research's report also highlights the volatility of digital assets in 2024, where cryptocurrencies like PEPE and OM lead the gains as investors view them as a fairer playground due to transparent supply and lower inflation. While most people traditionally see Memecoins as a joke and criticize them for a lack of utility, they have performed exceptionally well, leading to significant market changes.

On the other hand, investors are shifting their focus to real asset tokens (RWA) and sustainability, while some macro events, such as the spot Bitcoin ETF and the U.S. presidential election, have helped the industry surge in the final quarter of the year.

According to Presto Research, a highlight of 2024 is the introduction of the Bitcoin Strategic Reserve Bill in the U.S. Senate. Although it has not yet been announced and become law, the report states that this bill has stirred a positive sentiment worldwide, and as countries hoard BTC with Trump's approval, Bitcoin could reach $210K by 2025.

The entry of major players could boost the industry

Presto's bold research report further envisions a cryptocurrency bull run next year that could sweep across the industry, specifically that Bitcoin could reach $210K by 2025 as major players jump into the market for a slice of the cryptocurrency pie. The report suggests that the ETH/BTC ratio could recover back to 0.05 as user experience improves and this leading altcoin regains its position as the leading smart contract token.

The authors of the report stated: "I take a more conservative approach by applying a multiple of 3.5x to the RV forecast of $1.2 trillion in Q3 2025, assuming a +5.3% monthly growth compared to the current RV of $722 billion […] 5.3% is the monthly compound growth rate of RV from January to November this year, reflecting the impact of easier institutional access thanks to spot ETFs (spot ETFs buying additional BTC will lead to an increase in RV)."

In terms of the total market capitalization of the entire industry, Presto's research predicts it will exceed $7.5 trillion by 2025 as smart contract platforms and stablecoins become more popular due to more participating institutions likely to join. For example, researchers expect Solana to surge to nearly $1,000 per token based on the latest improvements and the ongoing performance of the ecosystem.

Most importantly, the ability to establish a clear regulatory framework will be a key factor that could level the playing field and turn their bold prediction that Bitcoin could reach $210,000 by 2025 into reality and could usher in a golden age of cryptocurrency.

Conclusion

The ongoing adoption of cryptocurrency in the mainstream market and the potential for leading digital asset companies like Kraken, Ripple, and Circle to go public by 2025 are the latest signals indicating a new growth phase. With increased transparency, the introduction of IPOs could attract more institutional interest in legitimate and regulated entry points. With all the above and the growing enthusiasm in the industry, many other players in the sector may bet that Bitcoin could reach $210K by 2025.

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