Presto Research 2025 年预测：比特币 (BTC) 将突破 20 万美元大关，而 Solana (SOL) 将成为 4 位数的代币

算法交易公司 Presto 的分析部门 Presto Research 刚刚发布了题为《从混乱到清晰》的首份年度报告，重点关注了 2024 年加密货币趋势的疯狂发展，并对 2025 年提出了一些大胆的预测。

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.

2024 年，加密货币趋势出现了疯狂的增长，模因币出人意料地引领了市场。在社区支持和向实际应用项目的转变的推动下，OM 和 PEPE 等代币飙升。

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 的 2025 年预测包括比特币突破 20 万美元大关，Solana 达到 4 位数。以下是他们大胆预测的详细介绍。

Presto Research Drops 2025 Crypto Predictions: Bitcoin to Cross $200K, Solana Hits 4 Figures

Presto Research 放弃 2025 年加密货币预测：比特币将突破 20 万美元，Solana 触及 4 位数

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.

算法交易公司 Presto 的分析部门 Presto Research 公布了其首份年度报告。该报告题为“从混乱到清晰”，分析了 2024 年加密货币市场的主要趋势，并对 2025 年做出了大胆的预测。

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.

该报告强调了模因币令人惊讶的表现，其表现超过了风险投资支持的币。这种现象反映了投资者情绪的转变，与投机性企业相比，投资者更倾向于透明和可持续的项目。

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.

在现实世界资产（RWA）代币中，Mantra（OM）作为集现实世界资产监管和代币化于一体的区块链治理代币脱颖而出。它的成功展示了社区对与实际应用产生共鸣的项目的偏好。

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.

Presto Research 还将年底市场飙升归因于宏观事件，例如现货比特币交易所交易基金（ETF）的推出和美国总统大选。 Presto 10 月份的分析已经预料到了这次反弹，并指出流动性、监管宽松和投资者预期较低是主要驱动因素。

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.

值得注意的是，美国参议院提出了比特币战略储备法案。虽然尚未成为法律，但它引发了关于各国堆积比特币的全球讨论，唐纳德·特朗普甚至支持此举。

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.

现在，让我们深入了解 Presto Research 的 2025 年加密货币预测。该报告预计各个加密货币领域将出现繁荣，由于机构参与及其作为储备资产的作用日益增强，比特币 (BTC) 可能会达到 210,000 美元。随着网络解决用户体验问题并巩固其在智能合约中的主导地位，以太坊的 ETH/BTC 比率预计将反弹至 0.05。

“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).”

Presto Research 分析师在研究中指出：“我采取更为保守的方法，对 2025 年第三季度 1.2 万亿美元的 RV 预测采用 3.5 倍，假设当前 RV 环比增长 5.3%，为 7,220 亿美元。” “5.3％是今年 1 月至 11 月期间 RV 的月复合增长率，它体现了现货 ETF 带来的更容易的机构准入的影响（现货 ETF 购买更多的 BTC 将导致 RV 上升）。”

The report adds:

报告补充道：

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.

这导致我的 2025 年比特币网络目标价值为每 BTC 4.2 万亿美元（目前为 1.9 万亿美元）或 210,000 美元（= 4.2 万亿美元/19,986,416 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.

在去中心化金融 (defi) 领域，Presto 还预计去中心化交易所 (dexes) 将获得更大的关注，到 2025 年可能会占据中心化交易所 (cex) 交易量的 20% 以上。其用户友好的界面和开放的生态系统正在推动这一转变。

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.

该报告最后预测，在稳定币、智能合约平台进入主流以及主要机构参与度增加的推动下，2025 年加密货币总市值将达到 7.5 万亿美元。得益于其生态系统的创新和性能增强，Solana 的价格预计将飙升至每个代币 1,000 美元。

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.

Presto Research 还讨论了加密货币的制度化，明确的法规为美国成为加密货币中心铺平了道路。公司和国家积累比特币的概念被吹捧为下一个前沿领域，开启了加密货币融入全球金融结构的新篇章。