Leading crypto assets Bitcoin, Ethereum and Dogecoin feature prominently as analysts at Galaxy Research present their 2025 forecasts for the market.
As 2024 draws to a close, all eyes are on 2025 and what it may have in store. For the crypto market, the big question was whether it would be able to maintain its impressive 2024 result, especially in the fourth quarter, in 2025.
These lingering questions have led to a flurry of predictions from analysts and researchers, with the latest coming from Galaxy Research.
In this article, The basis of cryptography takes a look at Galaxy Research’s crypto predictions for 2025 with a focus on Bitcoin (BTC)the largest crypto asset by market capitalization, Ethereum (ETH)the second largest crypto by market capitalization, widely considered the “DeFi King,” and Dogecoin (DOGE)largest meme coin by market capitalization.
Here’s how Galaxy Research sees BTC, ETH, and DOGE performing in 2025.
Bitcoin (BTC)
Galaxy research expressed confidence that Bitcoin will continue its impressive run in 2025. The company revealed that it expects BTC to reach the price of $150,000 in the first half of 2025 and $185,000 in the fourth quarter, thanks to continued adoption .
On the one hand, Galaxy Research estimates that the rapid adoption of spot Bitcoin ETFs will continue in 2025, causing assets under management in investment vehicles to more than double from approximately $120 billion to $250 billion. billion dollars in 2025.
At the same time, Galaxy Research expects more companies and countries to continue adopting the Bitcoin treasury model. The company estimates that at least five Nasdaq 100 companies and five countries will add the leading digital asset to their balance sheets in the new year.
Additionally, Galaxy Research predicts a Bitcoin DeFi boom in 2025, doubling the number of coins locked in smart contracts and staking protocols.
Amid all these factors, the company claims that Bitcoin will once again be one of the best performing global assets on a risk-adjusted basis in 2025.
Ethereum (ETH)
Ethereum will shake off the recent slump of the past two years to reach new all-time highs in 2025, according to Galaxy Research. Specifically, the crypto research firm predicted that the asset would trade to new highs above the $5,500 price in 2025.
For context, the asset’s all-time high price is around $4,900, and it is is currently trading at around $3,350.
Galaxy Research based its Ethereum prediction on the expected regulatory clarity of the new administration of Donald Trump. The company has leveraged this clarity to provide tailwinds for DeFi and staking.
09 – Ether will trade above $5,500 in 2025.
An easing of regulatory hurdles for DeFi and staking will propel Ether to new all-time highs in 2025. New partnerships between DeFi and TradFi, perhaps conducted in new regulatory sandbox environments, will finally…
– Galaxy Search (@glxyresearch) December 27, 2024
On the one hand, the company expects more traditional financial companies to become familiar with DeFi and Ethereum Layer 2 chains. At the same time, it also expects that ETFs will soon be allowed to implement stake a portion of their ETH holdings, which will unlock interest payments for investors, which he believes will boost demand for ETH.
Among these catalysts, Galaxy Research also expects Ethereum to gain ground against Bitcoin, which it has underperformed since 2022. The firm has tipped the ETH/BTC ratio to end 2025 above 0 .06, up about 70% from current levels between 0.03 and 0.04. However, the company warns that this increase will be preceded by a first drop below the level of 0.03.
Dogecoin (DOGE)
Meanwhile, Galaxy Research claimed that Dogecoin (DOGE) will continue its gain of over 245% in 2024 with a run towards new highs in 2025. Specifically, the company noted that the popular dog-themed coin dog will win the coveted $1 prize. and reached a market capitalization of $100 billion in the new year.
23 – Dogecoin will finally hit $1, with the world’s largest and oldest memecoin reaching a market cap of $100 billion.
However, Dogecoin’s market cap will be dwarfed by the Department of Government Effectiveness, which will successfully identify and enact reductions in amounts exceeding that of Dogecoin…
– Galaxy Search (@glxyresearch) December 27, 2024
While there is no guarantee that Bitcoin, Ethereum, and Dogecoin will reach these milestones in 2025, the odds of a favorable development still appear to be in favor of the crypto market with the new pro-crypto administration and continuing despite slower economic easing plans of the Federal Reserve.
DisClamier: This content is informational and should not be considered financial advice. The opinions expressed in this article may include the personal opinions of the author and do not reflect the opinions of The Crypto Basic. Readers are encouraged to conduct thorough research before making any investment decisions. Crypto Basic is not responsible for any financial losses.