The post VanEck Reveals Price Forecast for Bitcoin, Ethereum, Solana and SUI in 2025 – Gives Date for Top appeared on BitcoinEthereumNews.com.

Investment management firm VanEck has released its cryptocurrency market forecast for 2025, predicting a major bull market where Bitcoin (BTC) will reach a high of $180,000 and Ethereum (ETH) will surpass $6,000. The firm also expects Solana (SOL) to surpass $500 and Sui (SUI) to rise above $10. According to VanEck, the crypto bull market is expected to reach a medium-term peak in the first quarter (Q1) of 2025, followed by a 30% pullback for Bitcoin and a sharper 60% decline for altcoins in the summer. However, the firm predicts a recovery and new market highs by the fourth quarter (Q4) of 2025 thanks to increasing adoption and market momentum. VanEck’s comprehensive report outlines several milestones for the crypto industry in 2025, including: Bitcoin Adoption: The US is expected to adopt Bitcoin, potentially adding it to strategic reserves and encouraging widespread crypto adoption. Tokenized Securities: The value of tokenized securities is expected to exceed $50 billion, signaling a shift towards blockchain-based financial assets. Stablecoins and DeFi Growth: Stablecoins are predicted to process $300 billion worth of transactions daily, while decentralized finance (DeFi) could reach record levels with $4 trillion in decentralized exchange (DEX) trading volume and $200 billion in total value locked (TVL). Ethereum Innovations: Ethereum’s “blob space” is estimated to generate $1 billion in fees, indicating the growing usage of the network. Artificial Intelligence Integration: Demonstrating the integration of AI with blockchain technology, the on-chain activities of AI agents are expected to exceed 1 million. VanEck also revised his 2024 forecasts, giving them an 8.5 out of 15. Notable wins include a successful Bitcoin halving, the first launch of spot Bitcoin exchange-traded products (ETFs), and record-breaking performance for Bitcoin and Ethereum. Notable mispredictions include underestimating Tier-2 adoption and stablecoin growth. *This is not investment advice. Follow our Telegram and…

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Filed under: News - @ December 14, 2024 9:11 am