Good morning everyone! 2025 is halfway through, will we have altseason?

📈 1. Favorable macroeconomic and political context

Interest rate cuts in the US: The expectation of a reduction in interest rates by the Federal Reserve in 2025 should increase liquidity and the appetite for risk assets, such as cryptocurrencies.

Pro-crypto policies of Donald Trump: Trump's election in the US catalyzed significant gains in 2024, with promises to create a "strategic reserve of Bitcoin" and appoint regulators favorable to the sector. Projections indicate that BTC could reach US$ 200–250 thousand by the end of 2025.

🏦 Accelerated institutional adoption

- Bitcoin and Ethereum ETFs: The exchange-traded funds have accumulated US$ 116 billion in assets (Bitcoin) and US$ 13.47 billion (Ethereum), attracting capital from managers and pension funds. The second year of operation of these ETFs is expected to surpass the first in fundraising.

- Public companies accumulating BTC: Companies like Metaplanet (Japan), Trump Media Group, and GameStop are acquiring Bitcoin as a store of value. In the first quarter of 2025, companies purchased 95,431 BTC—more than double the coins mined during the period.

💡 Sectors and cryptocurrencies with high potential

DeFi (Decentralized Finance): A transaction volume of **US$ 10 trillion is projected by 2025, with Ethereum leading (TVL of **US$ 66 billion**) .

RWA (Real World Assets): The tokenization of real estate, royalties, and patents could reach **US$ 600 billion by 2030**. Projects like **Ondo Finance (ONDO)** and **Chainlink (LINK)** are key players in this niche.

- **Promising altcoins**:

- **Solana (SOL)**: Focus on scalability and partnerships (e.g.:

💎 Conclusion

The cryptocurrency market in 2025 is expected to improve, supported by solid fundamentals: massive adoption by institutions, regulatory advancements, and innovative use cases (DeFi, RWA). While occasional corrections are expected, the long-term outlook is optimistic, with Bitcoin and Ethereum as anchors, and Solana.