10 key cryptocurrency market forecasts from Bitwise (one of the issuers of spot Bitcoin ETFs) for 2025.

1. #BTC, #ETH, and #SOL will reach new ATH, #BTC will trade above $200,000.

2. Bitcoin ETFs will attract more funds next year than in 2024.

3. The cryptocurrency exchange #Coinbase will surpass Charles Schwab as the most valuable broker in the world. The company's stock price will reach $700.

4. 2025 will be the 'Year of Cryptocurrency IPOs'. At least five well-known cryptocurrency unicorns will go public in the U.S.

5. Tokens launched by artificial intelligence agents will lead an even larger bull run of meme coins than in 2024.

6. The number of countries accumulating #BTC will double (current country breakdown - in the infographic).

7. #Coinbase will be included in the S&P 500, and MicroStrategy in the Nasdaq-100. This will indirectly bring cryptocurrencies into the portfolios of the vast majority of American investors.

8. The U.S. Department of Labor will soften its recommendations on the use of cryptocurrencies, leading to an influx of billions into crypto assets.

9. The market capitalization of stablecoins will double to $400 billion following the passage of a regulatory law in the U.S.

10. The value of tokenized real-world assets (RWA) will exceed $50 billion.

From a longer-term perspective, another forecast is given - by 2029, the market capitalization of #BTC will surpass gold, which today is worth $18 trillion, and the price of BTC will exceed $1 million per coin.