Big targets stand out in the crypto market for 2025. Ambitious predictions such as Bitcoin reaching $210,000 and Solana reaching $1,000 draw attention. Presto Research predicts that global liquidity conditions and increasing institutional interest will support this growth. While 2024 remains a year that offers both great opportunities and uncertainties for the crypto market, investors have increased their expectations for 2025.
While Presto Research draws a positive picture for 2025, analyst Peter Chung stated on CNBC’s Squawk Box program that the crypto market will continue to grow. Chung’s high price targets for Bitcoin, Solana, and Ethereum have created great excitement among investors and initiated new discussions about possible developments in the sector.
According to Presto Research’s estimates, Bitcoin is expected to reach $210,000 by the end of 2025. This marks an unprecedented peak for Bitcoin. The firm based this forecast on Bitcoin’s market value-to-realized value ratio (MVRV) and combined this value with a historical multiple (3.5x) to predict a price level of $210,000. Chung also noted that this prediction is not limited to technical data alone, but is also shaped by the growth in Bitcoin’s adoption rate, regulatory improvements, and support from macroeconomic conditions.
Apart from Bitcoin, another noteworthy cryptocurrency that Presto Research predicted was Solana. The firm predicts that Solana’s price could reach $1,000. This indicates that Solana’s market value will increase significantly. Chung stated that Solana could show similar growth momentum and approach Ethereum’s $500 billion market value in 2021. The main driving forces for Solana to reach this goal are increasing institutional interest, accelerating developer activity, and positive developments on the supply side.
For Ethereum, Presto Research predicts balanced but strong growth. The Ethereum rate against Bitcoin (ETH/BTC) is expected to rise from the current level of 0.036 to 0.05. This means that Ethereum is gaining value against Bitcoin. The firm believes that if developers in the Ethereum ecosystem solve the problems of liquidity fragmentation and user experience, Ethereum can gain more momentum.
Presto Research’s optimism for 2025 is based not only on the technical potential of crypto assets, but also on global macroeconomic conditions. Peter Chung stated that while the Federal Reserve is unlikely to cut interest rates by the end of 2024, liquidity conditions will remain in an expansionary trend. Chung stated that even if the Fed does not change interest rates, China’s economic easing policies will be the biggest factor supporting liquidity in the markets.
Emphasizing that China’s contribution to global liquidity is twice that of the US, Chung predicts that China’s policies will have a strong impact on the crypto market in 2025. Although Presto Research’s estimates increase hopes for 2025, market dynamics are full of uncertainties as always. While the bold targets set for Bitcoin and Solana indicate that there will be a major transformation in the sector, it is estimated that Ethereum will show stable growth with its solid technological infrastructure.