Ether (ETH) is expected to outperform Bitcoin (BTC) in 2025, according to Steno Research. The report predicts Bitcoin will reach at least $150,000, up from about $94,000, while Ether is projected to more than double to at least $8,000 from $3,400. The ether/bitcoin ratio is expected to rise to 0.06 in the next 12 months from the current 0.0357. Bitcoin’s market dominance is predicted to drop to as low as 45% from its current level of about 56.6%. Total value locked (TVL) in decentralized applications is forecast to hit a new high of $300 billion next year. The potential introduction of new cryptocurrency ETFs in the U.S. could further boost altcoin prices. The report also anticipates unprecedented institutional adoption of crypto in 2025.
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