Crypto Experts Predict 2025 Will Be Industry’s Best Year Yet According to Steno Research

Expect 2025 to be the Cryptocurrency Market’s Best Year Ever

Market Predictions: Bullish Outlook for Bitcoin and Ether

According to a research note from Steno Research, 2025 is expected to be the best year ever for the cryptocurrency market. The analysts predict that both Bitcoin (BTC) and Ether (ETH) will crush all-time highs, with BTC’s spot price surpassing $150,000 and ETH’s spot price reaching $8,000. This bullish outlook reflects an unprecedentedly favorable regulatory environment for cryptocurrencies, a supportive macroeconomic climate marked by declining interest rates and improved liquidity, and the historically strong post-Bitcoin-halving performance.

Unprecedented Regulatory Environment

The report highlights that the current regulatory environment is more favorable than ever for cryptocurrencies. With Donald Trump’s U.S. presidential victory, the analysts believe that altcoins such as Ethereum and Solana will benefit significantly from increased onchain activity. This is partly due to Trump’s promise to appoint industry-friendly leaders to key regulatory agencies and make the US "the world’s crypto capital."

Strong Institutional Adoption

Institutional adoption is expected to reach unparalleled levels in 2025, further bolstered by significant inflows into U.S.-based Bitcoin and Ethereum ETFs. Steno expects BTC and ETH exchange-traded funds (ETFs) to see net inflows of $48 billion and $28.5 billion, respectively.

Historical Post-Halving Performance

The report notes that the post-Bitcoin-halving performance has been historically strong. This indicates that investors should expect significant price increases in 2025. The analysts believe that this trend will continue, with BTC’s spot price surpassing $150,000 and ETH’s spot price reaching $8,000.

Altcoin Season

The report predicts that an altcoin season is imminent in 2025. This means that alternative cryptocurrencies (altcoins) will outperform Bitcoin in the coming year. The analysts expect the ETH/BTC ratio to hit at least 0.06, which is nearly double the current level of around 0.035. This will lead to a broader altcoin season, with Bitcoin dominance dropping from its current levels of nearly 57% to around 45%.

Total Value Locked in DeFi Protocols

The report forecasts that the total value locked (TVL) in decentralized applications will top $300 billion in 2025. This is significantly higher than the 2021 highs of approximately $180 billion. The analysts believe that this trend will continue, driven by increased adoption and investment in decentralized finance (DeFi) protocols.

Trump’s Pump

The report highlights the potential impact of Trump’s presidency on the cryptocurrency market. With his promise to make the US "the world’s crypto capital," investors should expect significant growth in the coming year. The analysts believe that this will lead to a robust onchain activity, which benefits altcoins such as Ethereum and Solana significantly.

Grayscale’s Optimism

Others, including asset manager Grayscale, are similarly optimistic about the cryptocurrency market’s future. In December, Grayscale added several decentralized finance (DeFi) applications, including two on Solana, to its list of the top 20 tokens to watch in the first quarter of 2025.

Key Takeaways

• BTC and ETH spot prices are expected to surpass $150,000 and $8,000, respectively.
• The ETH/BTC ratio is expected to hit at least 0.06, nearly double the current level.
• Institutional adoption is expected to reach unparalleled levels in 2025.
• Total value locked (TVL) in DeFi protocols is forecasted to top $300 billion in 2025.

Conclusion

The cryptocurrency market is expected to have a remarkable year in 2025, with BTC and ETH crushing all-time highs. The analysts believe that this trend will continue, driven by an unprecedentedly favorable regulatory environment, strong institutional adoption, and the historically strong post-Bitcoin-halving performance. As the market continues to evolve, investors should expect significant growth and opportunities for investment in 2025.