"Bitwise releases its annual forecasts, predicting record highs for Bitcoin, Ethereum, and Solana."

In its new forecast report for 2025, analysts at Bitwise Asset Management believe that while 2024 will be a strong year for cryptocurrencies, with the success of Bitcoin's exchange-traded funds (ETFs) attracting more investors, alongside potential U.S. regulatory changes under the upcoming presidency of Donald Trump and bullish market trends, 2025 will witness an even greater surge in crypto assets. The key forecasts issued by Bitwise include the following: - Record highs for major cryptocurrencies; with Bitcoin reaching $200,000, Ethereum at $7,000, and Solana tripling to $750. - A significant increase in the inflows of Bitcoin ETFs, surpassing the growth seen in 2024, as investors become more comfortable with the idea. - Potential regulatory shifts in the U.S. could direct tens of billions into cryptocurrencies. - Global adoption of Bitcoin; the number of countries holding Bitcoin among their official assets is expected to double in 2025 from 9 to 18 countries. - Growth in stablecoins and high-risk investment funds, with the market value of stablecoins projected to reach $400 billion, while real-world tokens may exceed $50 billion. - Increased enthusiasm for memecoins, with 2025 potentially seeing a greater surge in interest, supported by AI tools used in launching tokens. - Initial public offerings (IPOs) for crypto companies, as companies like Circle, Kraken, and Chainalysis may go public, with Coinbase's stock surpassing $700 and entering the S&P 500 index. - All of these developments could lead to greater exposure to cryptocurrencies for American investors, with major companies like Coinbase and MicroStrategy potentially being included in major indexes.