Crypto Experts Predict Record-Breaking Year in 2025 According to Steno Research

A research note from Steno Research has predicted that 2025 will be the best year ever for the cryptocurrency market. According to the report, both Bitcoin (BTC) and Ether (ETH) are expected to crush all-time highs, marking "remarkable positive developments."

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BTC and ETH Price Projections

Steno Research predicts that BTC’s spot price will surpass $150,000, while ETH’s spot price is expected to reach $8,000. These bullish projections reflect an unprecedentedly favorable regulatory environment for cryptocurrencies, a supportive macroeconomic climate marked by declining interest rates and improved liquidity, and the historically strong post-Bitcoin-halving performance.

Institutional Adoption

The report also highlights that institutional adoption is expected to reach unparalleled levels in 2025. This will be further bolstered by significant inflows into U.S.-based Bitcoin and Ethereum ETFs. Steno expects BTC and ETH exchange-traded funds (ETFs) to see net inflows of $48 billion and $28.5 billion, respectively.

ETH’s Potential for Growth

Ether is poised to perform especially well in 2025, significantly outperforming Bitcoin. According to the report, the ETH/BTC ratio will hit "at least 0.06" in 2025. This represents nearly double the current level of around 0.035, as seen on TradingView. This expected surge in Ether’s value will usher in a broader alternative cryptocurrency – or ‘altcoin’ – season in 2025.

The Impact of Trump’s Presidency

Steno’s prediction is partly based on the argument that Donald Trump’s U.S. presidential victory is more favorable for altcoins than for Bitcoin. Trump’s presidency encourages more robust on-chain activity, which benefits altcoins such as Ethereum and Solana significantly.

Total Value Locked (TVL) in DeFi Protocols

The total value locked (TVL) in decentralized applications is expected to top $300 billion in 2025, far surpassing 2021’s highs of approximately $180 billion. This represents a significant growth in the adoption and usage of decentralized finance protocols.

Altcoin Season and Bitcoin Dominance

As Ether’s value increases, it will lead to a broader altcoin season in 2025. According to Steno Research, Bitcoin dominance will drop from its current levels of nearly 57% to around 45%. This decline in Bitcoin dominance measures BTC’s percentage of crypto’s total market capitalization.

The Trump Pump

Trump’s presidency has been seen as a positive factor for the cryptocurrency market. With promises to appoint industry-friendly leaders to key regulatory agencies and make the US "the world’s crypto capital," investors are becoming increasingly optimistic about the future of cryptocurrencies in the US.

Others Share Similar Optimism

Grayscale, an asset manager, shares similar optimism with Steno Research. In December, Grayscale added several decentralized finance (DeFi) applications to its list of the top 20 tokens to watch in the first quarter of 2025. The warming US policy environment has been cited as a key factor.

A Global Leader in Cryptocurrencies

Raj Brahmbhatt, CEO of Web3 settlement company Zeebu, told Cointelegraph in December that he is aggressively bullish on the US becoming a global leader in the space by the end of the year. This optimism reflects the growing confidence in the cryptocurrency market and its potential for growth.

Conclusion

The predictions from Steno Research highlight an exciting future for the cryptocurrency market in 2025. With expected price increases, institutional adoption, and altcoin season, it is clear that this will be a remarkable year for cryptocurrencies. The impact of Trump’s presidency on the market also suggests a growing confidence in the US as a global leader in cryptocurrencies.

Notes

Steno Research is a reputable research firm known for its accurate predictions in the cryptocurrency market.
The report highlights several key factors contributing to the expected growth, including regulatory environments and macroeconomic climates.
Institutional adoption is expected to play a significant role in 2025’s growth, with billions of dollars in net inflows predicted.