Galaxy Research Unveils 2025 Crypto Predictions, See Bitcoin (BTC) Hitting $150k, Ethereum (ETH) $5.5k, and Dogecoin (DOGE) $1

Leading crypto assets Bitcoin, Ethereum, and Dogecoin feature prominently as analysts at Galaxy Research present their 2025 forecasts for the market.

Leading crypto assets Bitcoin, Ethereum, and Dogecoin are seen hitting new milestones in 2025, according to analysts at Galaxy Research.

Bitcoin is expected to continue rallying in 2025, hitting the $150,000 price point in the first half of the year and $185,000 in Q4. Several factors are seen driving Bitcoin’s price up in 2025.

For one, Galaxy Research believes the rapid uptake of spot Bitcoin ETFs will continue in 2025, tipping the assets under management in the investment vehicles to more than double from about $120 billion to $250 billion in 2025.

At the same time, Galaxy Research expects continued adoption of the Bitcoin treasury model by more firms and countries. The firm believes at least five Nasdaq 100 companies and five countries will add the leading digital asset to their balance sheet in the new year.

Further, Galaxy Research anticipates a Bitcoin DeFi boom in 2025, tipping the amount of coins locked in smart contracts and staking protocols to double.

Amid all these factors, the firm asserts that Bitcoin will again be a top performer among global assets on a risk-adjusted basis in 2025.

Meanwhile, Ethereum is expected to shake off recent doldrums over the past two years and trade at new all-time highs in 2025. Specifically, Galaxy Research has tipped the asset to trade at new highs above the $5,500 price point in 2025.

For context, the asset’s all-time high price is around the $4,900 price point, and it is currently trading at around $3,350.

Galaxy Research based its Ethereum prediction on expected regulatory clarity from the incoming Donald Trump administration. The firm tipped this clarity to offer tailwinds for DeFi and staking.

A relaxation of regulatory headwinds for DeFi and staking will propel Ether to new all-time highs in 2025.

New partnerships between DeFi and TradFi, perhaps conducted inside new regulatory sandbox environments, will finally allow Ether to begin outperforming Bitcoin again after a two-year malaise.

Crucially, this outperformance will be realized despite a brief Ether/Bitcoin ratio dip below 0.03, followed by a late-2025 recovery above 0.06.

Finally, Dogecoin is seen following up its over 245% gain in 2024 with a run to new highs in 2025. Specifically, Galaxy Research noted that the popular doggy-themed meme coin will clinch the long-coveted $1 price milestone and hit a $100 billion market capitalization in the new year.