CoinGape
2024-12-11 16:33:44

Top Analyst Issues Bitcoin, Ethereum and Solana Price Targets For 2025

With the New Year barely twenty days away, Tom Dunleavy, a popular crypto analyst, has predicted the possible outlook of Bitcoin (BTC), Ethereum (ETH) and Solana (SOL) in the first year of Donald Trump’s presidency. From his predictions, all three cryptocurrencies will bag more than 150% increase in the coming year. Bitcoin, Ethereum, and Solana Price Targets Dunleavy stated that Bitcoin will hit $250,000 by 2025, Ethereum will trade at $12,000 while Solana will top $700. Compared to the current price of each of these coins, the analyst is optimistic about their potential. To explain the basis for his lofty prediction, Dunleavy recalled how President Nixon ended the Gold Standard in 1971. He likened to Donald Trump’s recent embrace of crypto, citing that just as gold saw a 20x price rally at the end of the day, Bitcoin and the other cryptocurrencies could follow a similar sequence. How we think 2025 plays out Targets $250k BTC $12k ETH $700 SOL The path If we look at the 1970s in the US, then president Nixon’s ending of the Gold Standard in 1971 could be seen as a similar pivot point as the shift we see with the Trump admins embrace of crypto. (h/t… — Tom Dunleavy (@dunleavy89) December 11, 2024 For context, market data shows that BTC price is pegged at $100,516.77, corresponding with a 3.48% increase in the last 24 hours. At this level, Bitcoin would need to amass a 148.6% profit to reach Dunleavy’s predicted level. Ethereum, on the other hand, has reclaimed $3,814.89, following a 5.76% surge. Still, it would need up to a 215.8% rally to hit $12,000. With a recent 8.2% increase and a current market value of $228.93, Solana would need to spike by 206.18% to trade at $700. Quarter by Quarter Projection on Trend to Watch Explaining further, Dunleavy gave a quarter-by-quarter breakdown of how these cryptocurrencies will achieve the projected price rallies. With the Donald Trump administration starting officially in January, he believes the first 100 days will be crucial to helping Americans realize that the crypto agenda is actually “top of mind.” One thing that will reflect this stance is the implementation of a pro-crypto regulation , market structures and even the much-discussed Bitcoin strategic reserve . In Q2, Dunleavy sees the potential of more institutional investors getting into the digital asset ecosystem. A couple of them are likely to explore the spot Bitcoin and Ethereum ETF route to get a share of the crypto market. He pointed out that the market may not look very encouraging in Q3 as prices are likely to drop. However, per the projection, in Q4, the market will face a strong positive momentum and record a rebound which will eventually flow into 2026. Notably, this prediction is resting on whether the nomination of Paul Atkins , Scott Bessent and other crypto-friendly officials will help deliver on the crypto mandate. The post Top Analyst Issues Bitcoin, Ethereum and Solana Price Targets For 2025 appeared first on CoinGape .

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