BTC (Bitcoin)
The central intrigue of the coming year is the potential establishment of a Bitcoin strategic reserve in the United States. Even the mere discussion of using BTC as a reserve asset has already driven its price above $100,000. Any concrete steps toward creating such a reserve would trigger an unprecedented rally, as traders would rush to buy Bitcoin in anticipation of large-scale purchases by the U.S. government.
However, BTC has strong prospects to continue its upward trend and reach $150,000 even without strategic reserve acquisitions. An increasing number of companies are adopting the BTC standard, boosting the number of long-term holders in the market. Additionally, the growing popularity of spot Bitcoin ETFs continues to drive demand for the world’s leading cryptocurrency.
ETH (Ethereum)
Ethereum failed to retest its 2021 highs in 2024. While the launch of spot ETFs provided some support, the market’s attention remained focused on Bitcoin and meme coins, limiting ETH’s ability to realize its full potential.
This potential could be unlocked in 2025, with Ethereum expected to climb above $5,000. The upcoming release of the Pectra upgrade could act as a positive catalyst by enhancing ETH’s staking capabilities.
SOL (Solana)
Solana was one of the crypto world’s biggest stars this year. Its impressive rally was driven by a surge in network activity fueled by a meme coin boom.
Next year, Solana could gain further support from the potential launch of spot ETFs. With the departure of Gary Gensler, the crypto-averse head of the SEC, the regulatory environment for cryptocurrencies is set to improve significantly. This shift might enable SOL to target the $300 level.
TON (The Open Network)
This year was eventful for TON holders. After a strong rally early in the year, the market faced turbulence due to concerns surrounding Pavel Durov’s detention in France. Despite these setbacks, the market stabilized and refocused on TON’s fundamental strengths.
Telegram achieved profitability in 2024, providing a solid foundation for the continued growth of its ecosystem, which in turn is expected to drive demand for TON.
DOGE (Dogecoin)
Dogecoin remains the leading meme coin despite growing competition from newer coins like PEPE and WIF. DOGE’s market capitalization is nearly four times that of its closest rival, Shiba Inu.
A key growth driver for DOGE could be increased demand from institutional investors. While investing in the meme coin sector can be challenging for institutions, DOGE’s large market capitalization and liquidity make it an attractive option. Additionally, Elon Musk’s more active role in U.S. politics could provide DOGE with positive media attention.