With the crypto market preparing to become bullish, people are starting to bet on which will increase its quotations the most among Bitcoin, Ethereum, and Solana.
While the main orange coin aims for $70,000, the top altcoins are revving up for the second leg up of this bull run.
Let’s see in this article the price forecasts of analysts on these 3 cryptocurrencies for 2025. All the details below.
The Bitcoin rally opens the doors to the crypto bull market
Bitcoin ends the week with a +9.80% bringing back the bullish spirit of the market, while the top altcoin like Ethereum and Solana follow its performance.
Judging by the price action of these first 21 days of October, the fourth quarter looks explosive for crypto assets.
Historically, the last months of the year are those where Bitcoin, the driving force of the crypto sector, marks the greatest percentage changes.
To give an idea, from 2013 to 2024 the average returns of BTC in the market is 82%.
In 2020, at the dawn of the last bull run, the coin closed Q4 with a +168% which had led it to reach new highs above 20,000 dollars.
If history repeats itself, we should likely see the asset above 100,000 dollars by the end of the year.
Undoubtedly, the current bull situation in the crypto sector is due to the widespread enthusiasm for the USA presidential elections, where Donald Trump appears to be the favored candidate.
The republican has indeed expressed his support for the crypto industry multiple times, both for Bitcoin and for other coins like Ethereum and Solana.
To this are added encouraging macro data on the front of inflazione and the labor market in the United States, in addition to the introduction of strong economic stimuli from China
If there are no particular aggravating tensions in the Middle East and no new black swans appear, we could confidently celebrate the return of the bull run.
Watch out also for the prices of the main stock indices and their impact with the latest macroeconomic and geopolitical updates.
The S&P 500, as well as gold, are at their all-time highs. Now it’s Bitcoin and crypto’s turn.
New ATH for the S&P500 – again!
When Bitcoin? 
pic.twitter.com/KW6J3CtYRW
— Crypto Columbus (Marco Johanning) (@crypto_columbu) October 17, 2024
Solana and Ethereum could outperform Bitcoin: watch out for these signals!
As mentioned, the rally of Bitcoin towards 70,000 dollars is also accompanying Ethereum and Solana towards the price increase.
Some investors believe that these two alternative coins may outperform the main cryptocurrency during the second leg up of the bull market.
Notwithstanding that at this moment we are still in the “Bitcoin Season” phase with the BTC dominance increasing, the first positive signals on the alts are already beginning to emerge.
Ethereum is emerging as the first potential asset to challenge the benchmark, after two years of price action that favors Bitcoin.
In the last week, ETH has regained the $2,700 level, closing at +11.26%, supported by theories of a possible sudden price boom.
Open interest and funding rate of futures accompany the speculative movement of Ethereum, which becomes increasingly appealing for investors.
Furthermore, the ecosystem of the second most well-known blockchain in the world is expanding rapidly, highlighting the strong potential in the medium term.
$ETH / $BTC – 3D
This time it's different… pic.twitter.com/r4N6NjcvMP
— NekoZ (@NekozTek) October 20, 2024
On the other hand, Solana emerges as the main competitor of Ethereum, potentially capable of even beating the performance of Bitcoin.
The currency is up by 535% since October of last year, miraculously resurrected after the bad anecdote of the FTX collapse that had pushed prices around 10 dollars.
In 2024, SOL has grown more compared to BTC and ETH and now many expect that this condition may continue for the coming months.
In the last week of trading, the crypto has surged by 13%, bringing the chart structure back to a bull pattern.
Supporting the bullish thesis on Solana are the derivatives data, which also show open interest and funding rate on the rise.
To also add how the integration of the memecoin landscape on the chain and the latest developments on gaming platforms are offering narratives that can be ridden by the market.
Love how #BTC and $SOL are doing a correlated move right now!#BTC pump = $SOL pump!
ATH soon! https://t.co/mOmFwSrDEN pic.twitter.com/5Qvd8BvRQg
— CryptoBusy (@CryptoBusy) October 21, 2024
Future Price Predictions: Who Will Grow More Between BTC, ETH, and SOL?
At this point, let’s look at the forecasts from analysts on the price trends for the trio Bitcoin, Ethereum, and Solana. Starting with the “goat,” we notice how the indications from the cryptographic platform CoinCodex suggest a new all-time high by the end of the year.
More specifically, in December 2023 the currency should reach the value of 97,700 dollars, while it will exceed the threshold of 100,000 dollars in 2025.
The peak of the next bull run expected for Bitcoin is set at 125,000 dollars while the minimum price will still be above 90,000 dollars in case of a downward reversal.
Here is what the experts from the company have reported verbatim:
“According to our current Bitcoin price forecasts, the price of Bitcoin is expected to increase by 51.45%. Based on the forecasts, now is a good time to buy Bitcoin.”
On the Ethereum front, the same CoinCodex forecasts are even more optimistic.
The analysts are betting on a 35% increase by the end of the year with the crypto expected to exceed a listing of 3,5000 dollars.
During the next year Ethereum could express its maximum potential by reaching a new price record of 6,400 dollars.
It is unlikely that in 2025 it will fall below 3,000 dollars, especially if a market phase arrives in which it gains dominance compared to Bitcoin and stablecoin.
We also expect here a bull market full of satisfaction for Ethereum and its entire ecosystem of decentralized applications.
Finally, CoinCodex hypothesizes a fertile ground for price increases also for Solana, which should rise to 190 dollars as early as next month.
By the end of the year, the projections are instead slightly down, while they become extremely bright again for 2025.
In detail it is expected that Solana will register a new ATH in the next year, crossing the threshold of 350 dollars. At the same time, the coin will not fall below 160 dollars, highlighting a potentially rewarding period for investors.
Buckle up: the bull market is coming!
