The crypto market has experienced a bullish trend in the last quarter of this year, largely due to Donald Trump’s recent victory in the United States presidential election. VanEck, an American investment management firm, has shared ten predictions that could raise the crypto market’s valuation in the coming year.
Some of VanEck’s predictions include:
1. Leading assets experiencing meteoric price growth next year, such as BTC reaching $180,000, ETH crossing $6,000, SOL surpassing $500, and SUI exceeding $10. 2. Factors driving these price projections, such as the U.S. adopting Bitcoin as a strategic reserve due to Trump’s bullish stance.
3. The approval of multiple crypto exchange-traded products (ETPs) following Trump’s selection of a crypto-friendly chairman for the U.S. Securities and Exchange Commission (SEC). 4. Ethereum ETPs featuring staking, a function restricted under the Joe Biden administration. 5. Bitcoin-based layer-2 networks reaching 100,000 BTC in total value locked (TVL), resulting in a 600% surge from this year’s TVL record.
6. The Ethereum blob space garnering $1 billion in fees as more L2 rollups and “high-fee use cases” come to the forefront. 7. The stablecoin market’s daily traded volume increasing to as high as $300 billion by the end of next year, driven by adoption in global commerce, remittances, and integration with major tech and payment networks.
8. DeFi decentralized exchanges (DEX) reaching a peak of $4 trillion in traded volume and $200 billion in TVL, fueled by AI-focused projects, “consumer-facing dApps, and tokenized assets.” 9. dApp tokens narrowing the performance gap with L1 crypto assets, driven by new projects themed around AI and Decentralized Physical Infrastructure Networks (DePIN).
10. The NFT traded volume reclaiming $30 billion next year, with growing projects like Pudgy Penguins and Milady driving this surge. VanEck also predicts a surge in tokenized securities in the coming year, with the market value increasing from $6 billion to $12 billion this year, and potentially reaching as high as $50 billion next year.
Source
Source
