Bitwise Predicts Ethereum at $7000 and Solana at $750 by 2025

In 2025, Bitcoin, Ethereum, and Solana are expected to reach new all-time highs of $200,000, $7000, and $750, respectively, according to Bitwise experts.

To learn more, read our full list of 2025 predictions: https://t.co/11Z0F2lrhx

— Bitwise (@BitwiseInvest) December 10, 2024

Investment Director Matt Hougan and Head of Research Ryan Rasmussen explained in their article, The Year Ahead: 10 Crypto Predictions for 2025, the factors driving the growth of cryptocurrencies.

For Bitcoin, the drivers will include:

• continued record inflows into spot ETFs;
• new purchases of the asset by corporations and governments;
• a reduction in supply following the halving in April 2024.

If the US implements the proposal to create a strategic reserve of 1 million BTC, the target price for the leading cryptocurrency could reach $500,000, experts noted.

“Despite a 75.77% increase in Ethereum in 2024, the second-largest crypto asset has fallen out of favor with many investors who have turned their attention either to Bitcoin or rapidly growing programmable blockchain competitors,” acknowledged Hougan and Rasmussen.

However, they anticipate a narrative shift due to activity in L2 networks like Base and StarkNet, as well as “billion-dollar” inflows into ETH ETFs. Additional factors include the significant growth of stablecoins and tokenization projects.

“Solana’s momentum is just beginning to build. The catalysts in 2025 will be ‘serious’ projects transitioning to the network and complementing its dominance in meme coins,” the experts wrote.

They also pointed out several negative factors that cryptocurrencies might face:

• possible disappointment with the actual policies of US President Donald Trump’s administration;
• government sell-offs of digital assets;
• the end of the meme token boom;
• unfavorable interest rate cuts by central banks.

Among the other nine predictions by Hougan and Rasmussen for 2025 are:

• Bitcoin ETFs will attract more investments than in 2024;
• Coinbase will surpass Charles Schwab in market capitalization and become the most valuable brokerage firm in the world;
• we will witness a “year of crypto IPOs,” with at least five industry “unicorns” going public in the US;
• AI agent tokens will lead the meme coin craze;
• the number of countries holding Bitcoin will double;
• Coinbase will join the S&P 500, and MicroStrategy will enter the Nasdaq-100;
• the US Department of Labor will ease its guidelines on cryptocurrencies in the 401(k) retirement plan;
• the market capitalization of stablecoins will double, reaching over $400 billion;
• the RWA market volume will exceed $50 billion.

As a “bonus” prediction, Bitwise specialists stated that by 2029, Bitcoin will surpass the $18 trillion gold market and trade above $1 million per coin.

In comments, users expressed disappointment at the absence of potential US registration of altcoin-based ETFs in the list. Applications for spot Solana ETFs are under review by the SEC, with market participants expecting approval in 2025.

Most supported Bitwise experts’ view that 2024 was a “warm-up” for the industry.

2025 is shaping up to be the tipping point for crypto adoption. From $200K Bitcoin to AI-driven token markets, the convergence of institutional interest, tech innovation, and global adoption is accelerating. If these predictions play out, 2025 won’t just be a golden era—it’ll be…

— SIM ∞ (@Assimilate_cc) December 10, 2024

“2025 is poised to be a turning point for crypto adoption. […] If these predictions come true, it will not just be a golden era but a foundation for a decentralized future,” wrote the SIM project team.

Back in earlier reports, MicroStrategy founder Michael Saylor expressed confidence that by 2045, the price of the leading cryptocurrency will reach $13 million.