- The cryptocurrency market has been the subject of numerous predictions for 2025, with one of the most recent from Galaxy Research predicting Dogecoin to hit the $1 mark.
- Galaxy also put forward additional forecasts, predicting that the total supply of stablecoins would double to exceed $400 billion by 2025 and that Tether’s long-standing market dominance would fall below 50%.
Bold predictions for 2025 are making headlines, with Galaxy Research’s predictions for Dogecoin (DOGE) attracting particular attention. In an article on dated December 27, Galaxy Research predicted that Dogecoin could reach $1 by 2025, supported by a broader crypto industry recovery and renewed investor interest. The company shared with Galaxy Digital customers that it expects Dogecoin’s market cap to reach $100 billion next year.
Several factors suggest that Dogecoin could finally reach the $1 mark. Its volatility and growth potential are enhanced by increasing adoption by institutions and businesses. As we look ahead to Donald Trump’s pro-crypto administration expected in 2025, coupled with Elon Musk’s role as co-leader of the Department of Government Efficiency (DOGE)interest in Dogecoin is definitely on the rise. However, achieving lasting success and breaking the dollar barrier will require more than just passing enthusiasm on Musk’s part; solid fundamentals must be established.
As of this writing, DOGE is trade at $0.3156which represents a decrease of 0.37% over the last 24 hours. Trading volume also fell by 12.17%, totaling $2 billion. Over the past week, it saw a decline of 8.70%, underperforming the overall cryptocurrency market, which was down 1.10%. Notably, DOGE needs to surge 216.5% to reach the coveted $1 mark, making it a central point of interest amid the current market fluctuations.
Galaxy Market Forecast for 2025
In addition to Dogecoin, Galaxy Research has provided optimistic projections for other cryptocurrencies. Bitcoin, in particular, is expected to see significant growth, with expectations surpassing $150,000 in the first half of 2025 and possibly reaching $185,000 by the end of the year. Additionally, the firm predicts that spot Bitcoin ETFs in the United States could accumulate over $250 billion in assets under management by 2025. Additionally, the ETH/BTC ratio is expected to trade below 0 .03 in 2025 but will end the year above .06.
Ethereum is also positioned for substantial gains, with Galaxy predicting its value could exceed $5,500. This projected growth is largely attributed to easing regulatory pressures on decentralized finance (DeFi) and staking, which is expected to lead to greater adoption and usage of the Ethereum network.
Partnerships are also expected to emerge between more than half of the top 20 publicly traded Bitcoin miners and hyperscalers or AI companies. These collaborations aim to balance hash rate growth with the growing demand for high-performance computing. Additionally, at least one major asset management firm is expected to allocate 2% or more of its portfolio to Bitcoin by 2025, boosting institutional adoption.