Crypto asset administration big Bitwise is revealing its bull market value targets for Bitcoin (BTC), Ethereum (ETH) and Solana (SOL).
In a brand new report on its outlook for 2025, Bitwise says it expects that BTC, ETH and SOL – “crypto’s magnificent three” – will proceed rising to make new all-time highs over the subsequent 12 months.
“Crypto’s magnificent three—Bitcoin, Ethereum, and Solana—outperformed all main asset lessons in 2024, rising 141.72%, 75.77%, and 127.71% respectively. In the meantime, the S&P 500 returned 28.07%, gold returned 27.65%, and bonds returned 3.40%.
We count on that momentum to hold into 2025, with Bitcoin, Ethereum, and Solana every rising to new all-time highs.”
Bitcoin, the agency offers the flagship crypto asset a value goal of $200,000.
Based on Bitwise, BTC is being boosted by flows into the exchange-traded funds (ETFs), and the agency says it doesn’t see that momentum slowing down any time quickly. It additionally thinks that Bitcoin may even see new patrons from firms and governments.
Ethereum, Bitwise predicts that ETH will prime out across the $7,000 mark. Bitwise says that ETH has fallen out of favor with many buyers due to its underperformance relative to different digital property, which supplies a possibility to observe Warren Buffett’s mantra to “be fearful when others are grasping, and be grasping when others are fearful.”
“We count on a story shift to happen for Ethereum in 2025, as exercise on Layer-2 blockchains like Base and Starknet accelerates and spot Ethereum ETFs see billions in inflows. One other catalyst? Large progress in stablecoins and tokenized initiatives constructed on Ethereum.”
Solana, Bitwise says SOL will peak round $750, doubtless attributable to a possible arrival of “critical” initiatives that make Ethereum’s largest rival show to critics that it’s greater than only a memecoin launchpad.
“Crypto’s phoenix, which rose from the ashes of the 2022 market crash, surged to new heights in 2024, fueled by a memecoin mania that made the GameStop saga look tame. We consider Solana’s momentum is simply starting to construct. The catalyst in 2025 can be ‘critical’ initiatives shifting onto the community to enrich its dominance in memecoins. We’ve already seen early examples with initiatives like Render making the leap. We count on that to speed up within the 12 months forward.”
At time of writing, Bitcoin is buying and selling at $94,987, ETH is valued at $3,545 whereas SOL is buying and selling for $206.
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Featured Picture: Shutterstock/Yui Yuize/Andy Chipus
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