10 Crypto Predictions for 2025 (Bitwise)

Key Themes and Predictions:

1. Price Surges for Major Cryptocurrencies:

• Prediction: Bitcoin will surpass $200,000, Ethereum will reach $7,000, and Solana will hit $750, all setting new all-time highs.
• Supporting Factors:Continued inflows into Bitcoin ETFs.
• Reduced Bitcoin supply due to the 2024 halving.
• Potential U.S. strategic Bitcoin reserve.
• Growth in Layer 2 scaling solutions for Ethereum (Base, Starknet).
• Increased development and use of Solana for serious projects.

1. Continued Growth of Bitcoin ETFs:

• Prediction: Bitcoin ETFs will attract more inflows in 2025 than in 2024.
• Supporting Factors:Historical patterns from gold ETFs, where the second year saw higher inflows than the first.
• Major wirehouses (Morgan Stanley, Merrill Lynch, etc.) expected to open access to Bitcoin ETFs for their clients.
• Existing investors are predicted to "ladder up" their allocations over time.
• Quote: "The point is: It would be in line with gold’s example for Year 2’s flows to top Year 1’s. Flows petering out would be unusual."

1. Coinbase's Ascent:

• Prediction: Coinbase will surpass Charles Schwab as the most valuable brokerage, with its stock exceeding $700 per share.
• Supporting Factors:Strong growth in the stablecoin business.
• Success of the Base Layer 2 network, generating significant revenue.
• Growth of staking and custody services.
• Quote: "Coinbase is more than just a brokerage."

1. Crypto IPO Wave:

• Prediction: At least five crypto unicorns will go public in the U.S. in 2025.
• Supporting Factors:Favorable market conditions, including rising crypto prices and increased investor demand.
• Improved regulatory and political climate.
• Likely candidates include Circle, Figure, Kraken, Anchorage, and Chainalysis.

1. AI-Driven Memecoin Mania:

• Prediction: Tokens launched by AI agents will spearhead a memecoin mania even bigger than in 2024.
• Supporting Factors:Examples like the "GOAT" memecoin promoted by an AI agent.
• The emergence of AI agents like Clanker that can autonomously launch tokens on Base.
• Quote: "We believe that AI-launched tokens will fuel a new memecoin boom in 2025."

1. Increased Government Adoption:

• Prediction: The number of countries holding Bitcoin will double.
• Supporting Factors:Active consideration of a U.S. strategic bitcoin reserve.
• Legislators from various countries are introducing bills to push for strategic bitcoin reserves.

1. Mainstream Inclusion in Indices:

• Prediction: Coinbase will enter the S&P 500 and MicroStrategy will enter the Nasdaq-100.
• Supporting Factors:This will add crypto exposure to the portfolios of nearly every U.S. investor.
• Significant passive buying pressure is expected from funds tracking these indices.

1. Easing of Crypto Restrictions in 401(k) Plans:

• Prediction: The U.S. Department of Labor will relax its guidance against crypto in 401(k) plans.
• Supporting Factors:Shifting political landscape in DC