Analysts at VanEck predict a bull market in the first quarter of 2025, during which Bitcoin and Ethereum will reach new peaks. However, a consolidation is expected by mid-year.
Experts expect that Bitcoin will reach $180,000, and Ethereum will rise to $6,000. Other leading cryptocurrencies will also see significant price increases, for example, the price of Solana and Sui will rise to $500 and $10.
In the report, analysts write that U.S. policy will undergo a 'radical shift regarding cryptocurrencies.' States like Texas and Florida may independently create Bitcoin reserves. Federal authorities will use the flagship cryptocurrency to replenish the strategic fund.
Changes in American legislation will attract developers from around the world, increasing the U.S. share in the global cryptocurrency market from 19% to 25%. The share of the United States in the global Bitcoin mining hash rate will rise to 35%, partly due to cheap energy.
VanEck analysts believe that the DeFi sector is ready for record growth: next year, trading volumes on decentralized platforms will reach $4 trillion, and their total locked value will exceed $200 billion.
Overall, experts believe that 2025 will be the 'year of transformations,' when progress in regulation, technological innovations, and institutional adoption will come together to shape the future of digital assets.