$BTC On the last day of 2024, Galaxy released its year-end report, making a series of predictions for 2025, which are summarized as follows:
1. BTC will break $150,000 in the first half of 2025, and after a slight adjustment mid-year, will sprint to $185,000 in the fourth quarter. The market value of BTC will reach 20% of the market value of gold, further establishing BTC's status as digital gold.
2. In 2025, Trump will not directly purchase BTC as a national strategic reserve asset upon taking office as president. Instead, the existing BTC in the U.S. will be converted into the national strategic reserve, and discussions will be held throughout the year with multiple departments regarding BTC as a national reserve asset. There will be no concrete actions in the short term.
3. In 2025, the total asset size of the U.S. BTC spot ETP will exceed $250 billion, and numerous top hedge funds will allocate to BTC spot ETPs. The total assets under management of BTC spot ETPs will quickly surpass the scale of gold ETPs after entering 2025, becoming the preferred choice for institutional investors.
4. In 2025, at least one top wealth management platform will officially recommend clients allocate more than 2% of their assets to BTC, and at least 5 companies from the Nasdaq 100 index and 5 sovereign countries will announce that they have included BTC in their balance sheets or wealth funds.
5. The price of $DOGE will exceed $1 at least in 2025, with a market value surpassing $10 billion.
6. Next year will be a year of $ETH performances, with the peak price of the coin being at least above $7200. With the new SEC chairman taking office next year, the regulations on DeFi and staking will gradually be relaxed, deep cooperation with traditional finance (TradFi) will increase, and extensive pilot projects for enterprise-level Layer 2 networks will further expand the ETH ecosystem. The revival of the NFT market and the explosion of new blockchain games will also provide momentum for the rise of ETH.
7. By the end of 2025, the staking ratio of ETH will exceed 50% of the circulating supply, and staking pools like Lido and re-staking protocols like EigenLayer will experience explosive growth. In the context of gradually clarified regulatory rules, on-chain applications that adopt revenue sharing and treasury dividend mechanisms, such as Ena and Aave, will become more popular.
8. 2025 will be an important milestone for stablecoin legislation. Banks, trust companies, and other storage institutions will accelerate adoption after the legislation, establishing a significant position for stablecoins in global finance. Galaxy anticipates that the total supply will double to exceed $400 billion in 2025, with no less than 10 new stablecoins launched with the support of traditional financial partners, while the market share of the existing stablecoin leader USDT will decline to below 50%.
