Odaily Planet Daily reported that Steno Research stated in a report on Sunday that the price of Bitcoin is expected to rise from approximately $94,000 to at least $150,000 next year, while the price of ETH is projected to more than double, increasing from $3,400 to at least $8,000. This means that the ETH/BTC exchange rate is expected to rise from the current 0.0357 to 0.06 within the next 12 months, similar to the price trends of previous cycles, with altcoins becoming the focus of attention. Analyst Mads Eberhardt wrote, 'This expectation is partly based on the argument that Donald Trump's victory in the U.S. presidential election is more favorable for altcoins compared to Bitcoin.' The report indicates that Bitcoin's market share is expected to decline from the current approximately 56.6% to 45%. The total value locked (TVL) in decentralized applications is expected to reach a new high of $300 billion next year, which, if the predictions are correct, further supports the argument for a rise in altcoin prices. (Coindesk)

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