VanEck's Top 10 Predictions for 2025: Phase Target Prices for Bitcoin and Ethereum.
2024 is undoubtedly a year for the cryptocurrency market to return to glory! Institutional buying and the potential policies of the upcoming U.S. President Donald Trump are driving Bitcoin to surge, ushering in a new bull market.
Will there still be a crypto bull market in 2025? The well-known asset management company VanEck recently published a report on its top ten predictions, showcasing its optimistic view of the crypto market and providing specific and bold price predictions for various cryptocurrencies.
VanEck predicts that the crypto market will reach a phase peak in the first quarter of 2025, at which point the target prices for several mainstream coins are as follows:
Bitcoin ($BTC): approximately $180,000.
Ethereum ($ETH): over $6,000.
Solana (SOL): over $500.
Sui (SUI): over $10.
However, VanEck also warns that after the phase peak arrives, there will be a significant short-term correction. For example, Bitcoin could drop by 30%, while other altcoins could see even more severe declines of up to 60%. This correction is expected to occur in the summer of 2025, at which point the market will enter a consolidation phase.
To assist investors in determining the peak of the crypto market, VanEck also proposed 5 key indicators:
The funding rate for Bitcoin continues to be above 10%.
Investors' unrealized profits have reached over 70%.
The market value to realized value ratio (MVRV) exceeds 5.
Bitcoin's market share has dropped below 40%.
Friends outside the crypto sphere are starting to ask you what coins to buy.
When these indicators appear simultaneously, it indicates that the market may be approaching a phase peak, and investors should remain vigilant.
Source: VanEck VanEck's Top 10 Crypto Predictions for 2025 Report: Bitcoin Price and Funding Rate Changes.
Further Reading:
What does the funding rate mean? How to calculate it? Binance funding rate query methods (illustrated).
New Track Outlook: AI Agents and RWA will continue to develop.
In terms of new track development in the crypto market, VanEck is optimistic about the development potential of AI agents and Real World Assets (RWA). Statistics show that the total revenue from AI agent applications has reached $8.7 million within 5 weeks.
VanEck predicts that by the end of 2025, the number of on-chain AI agents will exceed 1 million. Currently, some AI agents have a significant influence in the community, such as Bixby and Terminal of Truths, which already have tens of thousands of fans.
AI agents are not limited to the financial sector and are expected to expand into various scenarios such as social media, gaming, and consumer applications. Some platforms, like Virtuals, have already provided tools for non-technical users to create and lease AI agents, further lowering the entry barrier.
Source: VanEck VanEck's Top 10 Crypto Predictions for 2025 Report: Total Revenue of AI Agents Reaches $8.7 Million in 5 Weeks.
In terms of RWA, VanEck predicts that 2025 will be a significant turning point for asset tokenization. Currently, about $12 billion worth of securities have been tokenized, of which $9.5 billion comes from private credit securities.
VanEck believes that more securities will be issued on public blockchains in the future and boldly predicts that Coinbase may tokenize its company stock and issue it on the Base blockchain.
Further Reading:
What is RWA? An In-depth Analysis of the Future Trends of Real Asset Tokenization.
Old Track Outlook: Will DeFi and NFTs continue to revive?
The decentralized finance (DeFi) and non-fungible token (NFT) markets, after experiencing a long-term slump, are expected to revive in 2025.
VanEck predicts that the trading volume of decentralized exchanges (DEX) will exceed $4 trillion, accounting for 20% of the trading volume of centralized exchanges, and the total locked value (TVL) of DeFi is also expected to return to $200 billion.
Source: VanEck VanEck's Top 10 Crypto Predictions for 2025 Report: Chart of Changes in Total DeFi Locked Value.
The trading volume of the NFT market is expected to reach $30 billion in 2025, about 55% of its peak in 2021.
VanEck points out that the future NFT market will focus more on cultural value and long-term significance, rather than purely speculative products. For example, projects like (Pudgy Penguins) and (Milady) have already demonstrated strong community cohesion and cultural influence.
VanEck also predicts that Ethereum will continue to dominate the NFT market, with an expected market share of 85% by 2025. Currently, 16 of the top 20 NFT projects are issued on Ethereum, representing its absolute advantage in this field.
After the emergence of a new wave of dApps, the narrative will slightly change next year.
VanEck predicts that the performance of tokens for decentralized applications (dApps) will gradually catch up with Layer 1 blockchain tokens. So far this year, the smart contract platform token index has risen by 80%, while the application token index has only increased by 35%, leaving significant growth potential.
Source: VanEck VanEck's Top 10 Crypto Predictions for 2025 Report: The Performance of L1 Blockchain Tokens in 2024 is Twice that of dApps.
In terms of dApp development, VanEck is optimistic about innovative applications in the fields of AI and decentralized physical infrastructure networks (DePIN), believing that these areas will bring new growth momentum for dApp tokens. The success of tokens in the future will depend on their practicality and market fit, rather than pure speculation.
Further Reading:
What is DePIN? An Introduction to the Basic Concepts of DePIN and its Relationship with Telecommunications.
Looking towards 2025, VanEck holds an optimistic view of the crypto market but also reminds investors to remain cautious and closely monitor market fluctuations and changes in key indicators. This report not only outlines the potential development blueprint of the crypto market but also provides valuable insights and references for investors.
[Disclaimer] The market has risks, and investments should be made cautiously. This article does not constitute investment advice, and the views of the analyst are for reference only. Users should consider whether any opinions, views, or conclusions in this article align with their specific circumstances. Investment based on this is at one's own risk.
'VanEck's Top 10 Predictions for 2025: BTC at $180,000, ETH at $6,000! But this time may see a significant drop' was first published in 'Crypto City'.
