Bitwise Investments predicts that Bitcoin, Ethereum, and Solana will all reach new all-time highs in 2025, according to a crypto prediction note by the firm. The asset manager released new price predictions for each cryptocurrency Tuesday, revealing expectations for each to surge to new ATHs.
The prediction states that Bitcoin could reach $200,000; Ethereum Ether may hit $7,000; and Solana SOL to hit $750. Each of these predictions indicates roughly 100% gains from current prices. Bitwise went on to cite multiple potential catalysts for these surges, including:
Institutional Investments
Corporations Buying In
Potential US Bitcoin Strategic Reserve
Healthier Regulatory Climate
Upsized Allocations
On the other hand, the firm also acknowledged several potential headwinds that could halt these predictions from becoming reality:
Government Selling
Disappointment from the new DC administration
Disappointing FED rate cuts
Meme coin failure
Furthermore, Bitwise also doubled down on its Bitcoin investment by suggesting even more inflow for Bitcoin ETFs. Indeed, the firm predicts that Bitcoin ETFs will attract more flows in 2025 than in 2024. They also believe that more countries will be holding Bitcoin by the end of 2025 than at present. Currently, the king coin by market capitalization is growing in popularity worldwide, with more countries interested in establishing BTC reserves. The United States is one of those, and if it does so next year, the entire crypto market could boom further, proving Bitwise’s predictions valid.
Furthermore, beyond 2025, Bitwise issued a “bonus prediction” for Bitcoin’s future. “In 2029, Bitcoin will overtake the $18 trillion gold market and trade above $1 million per Bitcoin,” the prediction states. Bitcoin has already been actively compared to gold as another alternative to fiat currencies. Thus, the cryptocurrency becoming as valuable as gold could be possible, as long as global governments continue to believe in it.
