Ethereum may reach $7,000 in 2025, and SOL may reach $750
The probability of the Federal Reserve keeping interest rates unchanged in January 2024 is 88.8%, while the probability of a 25 basis point rate cut is 11.2%. This means that the market's expectations for the Federal Reserve to maintain its current policy stance are quite strong, which brings more stability to the financial market, especially the cryptocurrency market
Another market trend worth paying attention to is an interesting guess in the prediction market. According to Polymarket data, the current probability of the guessing pool on "whether new countries will buy Bitcoin in 2025" is 75%.
This means that the market's expectations for more countries to include Bitcoin as a legal reserve asset are getting higher and higher.
It is expected that by 2025, the price of Ethereum may reach $7,000, while SOL (Solana) may break through $750. As an important part of blockchain technology, the future development prospects of Ethereum are undoubtedly eye-catching. Ethereum not only dominates the field of smart contracts, but its continuous advancement of the "Ethereum 2.0" upgrade has further strengthened its market competitiveness.
As a high-performance public chain, Solana (SOL) has high-speed transaction processing capabilities and low transaction costs, which has led to an increasing number of application scenarios in the DeFi and NFT fields, and also provided strong support for its price growth.
The US spot Ethereum ETF had a net outflow of 23,100 coins yesterday, worth US$77.5 million
