Below are Bitwise's 10 bold predictions for the future of crypto:
1. Bitcoin, Ethereum, and Solana will set new price records:
• Bitcoin: $200,000+ thanks to institutional buying and the 2024 halving.
• Ethereum: $7,000 due to Layer 2 and the tokenization of real assets.
• Solana: $750 driven by memecoin activity and major projects.
1. Bitcoin ETFs will attract more capital flows:
• Growth over time, the participation of major financial institutions, and increased crypto allocation.
2. Coinbase will become the most valuable brokerage firm:
• Stock price exceeding $700 due to revenue from stablecoins, Layer 2, and staking services.
3. 2025 will be the "Year of Crypto IPOs":
• At least 5 crypto unicorns will list in the U.S., including Circle, Kraken, Figure, Anchorage, and Chainalysis.
4. AI-issued tokens will cause a memecoin craze:
• Tokens like Clanker will revolutionize the token space.
5. The number of countries holding Bitcoin will double:
• If the U.S. establishes a strategic Bitcoin reserve fund, there will be a global "Bitcoin arms race."
6. Crypto will be included in major stock indices:
• Coinbase in the S&P 500, MicroStrategy in the Nasdaq-100.
7. Crypto will participate in 401(k) retirement funds:
• The U.S. Department of Labor relaxes guidelines for crypto investment in 401(k) plans.
8. The value of stablecoins will double to $400 billion:
• Growth driven by legislation, fintech integration, trade and remittances, and a bull market.
9. The value of tokenized assets will exceed $50 billion:
• Wall Street is paying attention to tokenization, with significant inflows from institutions.
Bonus: By 2029, Bitcoin could surpass the market capitalization of gold, trading above $1 million per coin.
$BTC