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Cryptocurrency News Articles
Presto Research 2025 Predictions: Bitcoin (BTC) to Break $200K Barrier While Solana (SOL) Becomes a 4-Figure Token
Dec 17, 2024 at 05:30 am
Presto Research, the analytical division of the algorithmic trading firm Presto, has just dropped its debut annual report titled “From Chaos to Clarity,” shining a spotlight on the wild ride of crypto trends in 2024 and throwing some daring forecasts for 2025.
2024 saw a wild ride in crypto trends, with meme coins surprisingly leading the market. Tokens like OM and PEPE soared, fueled by community support and a shift towards projects with real-world applications.
Presto Research’s 2025 predictions include Bitcoin breaking the $200K barrier and Solana reaching 4 figures. Here's a closer look at their bold forecasts.
Presto Research Drops 2025 Crypto Predictions: Bitcoin to Cross $200K, Solana Hits 4 Figures
Presto Research, the analytical wing of algorithmic trading firm Presto, has unveiled its debut annual report. Titled “From Chaos to Clarity,” the report analyzes the key trends that shaped the crypto market in 2024 and makes bold predictions for 2025.
The report highlights the surprising performance of meme coins, which outshone venture capital-backed coins. This phenomenon reflects a shift in investor sentiment, with a preference for transparent and sustainable projects over speculative ventures.
Among the real-world asset (RWA) tokens, mantra (OM) stood out as a governance token for a blockchain that integrates regulation and tokenization of real-world assets. Its success showcases the community's preference for projects that resonate with practical applications.
Presto Research also attributes the late-year market surge to macro events like the launch of spot bitcoin exchange-traded funds (ETFs) and the U.S. presidential election. Presto's October analysis had anticipated this rally, citing liquidity, regulatory easing, and low investor expectations as key drivers.
notably, the U.S. Senate saw the introduction of the Bitcoin Strategic Reserve Bill. While not yet law, it sparks global discussions on countries stacking Bitcoin, with Donald Trump even endorsing the move.
Now, let's dive into Presto Research's 2025 crypto predictions. The report envisions a boom across various crypto sectors, with Bitcoin (BTC) potentially hitting $210,000 due to institutional participation and its growing role as a reserve asset. Ethereum's ETH/BTC ratio is expected to rebound to 0.05, as the network tackles user experience issues and solidifies its dominance in smart contracts.
“I take a more conservative approach by applying 3.5x multiple to the RV forecast of $1.2tn by 3Q25, assuming a +5.3% MoM growth from today’s RV of $722bn,” notes a Presto Research analyst in the study. “The 5.3% is the compound monthly growth rate of RV between Jan through Nov this year, which captures the impact of easier institutional access enabled by the spot ETFs (the spot ETFs acquiring more BTC will result in rising RV).”
The report adds:
This results in my 2025 target value of the Bitcoin network at $4.2tn (vs. $1.9tn today) or $210,000 (=$4.2tn / 19,986,416 BTC) per BTC.
In the realm of decentralized finance (defi), Presto also anticipates decentralized exchanges (dexes) gaining greater prominence, potentially capturing over 20% of centralized exchange (cex) volumes by 2025. Their user-friendly interfaces and open ecosystems are driving this shift.
The report concludes by predicting a total crypto market capitalization of $7.5 trillion in 2025, fueled by stablecoins, smart contract platforms entering the mainstream, and increased participation from major institutions. Solana's price is expected to soar to $1,000 per token, riding on its ecosystem's innovations and performance enhancements.
Presto Research also discusses the institutionalization of crypto, with clear regulations paving the way for the U.S. to become a crypto hub. The concept of companies and nations accumulating Bitcoin is touted as the next frontier, ushering in a new chapter where crypto integrates into the global financial fabric.
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