ChainCatcher news, Steno Research's latest report pointed out that BTC and ETH prices are expected to rise 📈. The report believes that this optimistic forecast is due to the unprecedented favorable regulatory environment and the supportive macroeconomic environment brought about by lower interest rates and improved liquidity. In addition, the historically strong performance of Bitcoin after the halving has also injected confidence into the market.

Institutional adoption levels are expected to hit new highs, and a large amount of funds will flow into US Bitcoin and Ethereum ETFs to drive this trend. Steno expects that by 2025, the net inflows of BTC and ETH ETFs will reach US$48 billion and US$28.5 billion, respectively.

At the same time, the total locked volume (TVL) of decentralized applications (DApps) is expected to exceed US$300 billion by 2025, far exceeding the high point in 2021.

In addition, Steno predicts that the price of Bitcoin will rise from about US$94,000 to at least US$150,000 next year, while the price of Ethereum will double to at least US$8,000. The ETH/BTC exchange rate will also rise, and altcoins may become the focus of market attention🌟.