Steno Research: Ethereum will outperform Bitcoin in 2025, expected to reach at least $8,000

2024-12-31 18:27:24

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ChainCatcher news, according to CoinDesk, Steno Research's latest report predicts that Ethereum will outperform Bitcoin by 2025. The report indicates that the price of Ethereum is expected to double to at least $8,000, while Bitcoin is projected to rise from the current $94,000 to $150,000.

Analyst Mads Eberhardt stated that the ETH/BTC ratio is expected to rise from the current 0.0357 to 0.06. The report also predicts that a Trump victory would be more favorable for the altcoin market, with Bitcoin's market dominance potentially dropping from the current 56.6% to 45%. The total value locked in DeFi is expected to reach a new high of $300 billion. Additionally, the potential launch of new ETFs in the U.S. will further drive unprecedented cryptocurrency adoption among institutional investors.

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