🚀🚀Changpeng “CZ” Zhao of #Binance shares his insights on his expectations for the cryptocurrency market in 2025.
After a fairly positive 2024, most cryptocurrency market participants are looking towards 2025 with significant optimism. Including former Binance CEO Changpeng “CZ” Zhao.
CZ of Binance says "Send it"
Changpeng “CZ” Zhao of Binance shared his insights on his expectations for 2025. In a post on X on Friday, January 3, CZ asserted that '2025 will be the year of “send it”', referring to the popular phrase often used by participants in the cryptocurrency market to express excitement when asset prices soar.
In fact, the cryptocurrency community seems to have plenty to be excited about as it enters 2025. In part, the industry is anticipating an unprecedented supportive regulatory environment under the upcoming Donald Trump administration.
At the same time, the market seems poised to benefit from improved global liquidity as central banks continue to pursue quantitative easing efforts.
Meanwhile, institutional acceptance continues to grow rapidly, as reflected by billions of USD flowing into the market through Bitcoin and Ethereum exchange-traded products and high demand for shares of companies with Bitcoin reserves.
Furthermore, several countries, including the US, are considering strategic Bitcoin reserves. Amid this combination of favorable factors, researchers and analysts are targeting significantly higher cryptocurrency asset prices in 2025. The Best Year Yet?
According to CZ from Binance, the financial research firm Steno Research asserts that 2025 will be the best year for cryptocurrency, with a price target forecast of 150,000 USD for Bitcoin and 8,000 USD for Ethereum.
At the same time, the company predicts that altcoins will soar, supported by favorable regulations expected under Trump. According to this company, the total value locked (TVL) in DeFi protocols is expected to reach a record high of 300 billion USD from the current level of about 123 billion USD.