The crypto market started with mixed signals, with Bitcoin leading altcoins following the launch of the Spot BTC ETF. But the rest of the year was pretty bleak until the fourth quarter.
As Bitcoin hit new all-time highs, many altcoins hit new highs as well. The question that remains now is: What should investors expect in 2025?
So, BeInCrypto analyzed the top 5 coins that everyone is watching and where they are likely to go over the next 12 months.
Bitcoin (BTC)
Bitcoin has had a dream run this year, hitting new all-time highs multiple times and breaking history by surpassing the $100,000 mark. In doing so, BTC recorded a 123% gain in 2024.
The outlook for 2025 is similarly bullish. This is because pro-cryptocurrency President Donald Trump is set to take office in January, and the regulatory outlook is seemingly improving. In an exclusive interview with BeInCrypto, Juan Pellicer, Senior Research Analyst at IntoTheBlock, spoke about Bitcoin's potential.
“Bitcoin’s outlook for 2025 is that the recent 100,000 Supported by the dollar's breakout, stabilization at these levels, coupled with increased adoption by institutional investors and a proven track record as an inflation hedge, suggests continued upward momentum. “If macroeconomic conditions remain favorable, Bitcoin may become increasingly integrated into traditional financial portfolios and establish a new price level,” Pellicer told BeInCrypto.
Bitcoin price analysis. Source: TradingView
Bitcoin’s short-term target is $120,000, but this is only possible if BTC holds $100,000 as support. Otherwise, it could continue to fall to the current support at $89,800.
Ethereum (ETH)
Unlike Bitcoin, Ethereum has failed to impress investors, rising only 40% since the beginning of the year. ETH has been struggling around $4,000 for some time now, and this price is the biggest barrier.
This week also marked the biggest drop for the altcoin leader, dropping 19% to trade at $3,203. However, the launch of the Spot ETH ETF could be a watershed moment for Ethereum, potentially leading to further gains for the altcoin in 2025.
“While institutional adoption of Ethereum has been slower than expected, the total amount of ETH held in ETF addresses has increased significantly since November. Combined, the potential for increased institutional investor involvement through spot ETFs points to significant upside potential for ETH,” Pellicer said.
Ethereum price analysis. Source: TradingView
For now, Ethereum’s biggest goal is to convert the $4,000 level into support and move forward. This guarantees an initial support floor of $3,419. If not, a drop below $3,000 is not far off.
Solana (SOL)
Solana had a relatively better year than Ethereum. But it wasn't exceptional. The altcoin is popular among institutional investors and is expected to do more than establish a 79% gain for the year.
Breaking out of the $202 and $128 consolidation is a big challenge for SOL, and breaking above that level is key to a continued uptrend. However, at the time of writing, Solana has fallen again and is trading at $182.
Nevertheless, Solana has opportunities due to its strong fundamentals and emerging use cases.
“Institutional investor interest appears to be expanding beyond just Bitcoin. Major blockchains could see increased interest from institutional investors with potential approval of new ETFs and clearer regulatory frameworks.” …This infrastructure and application-focused development has the potential to create a more balanced market where multiple assets thrive alongside Bitcoin,” Pellicer told BeInCrypto.
Solana price analysis. Source: TradingView
Solana’s immediate goal is to secure support at $202, and only then will it be able to form a new ATH above $265. However, if the “Ethereum killer” falls back into consolidation, 2025 could be a dark year for SOL holders.
XRP
XRP didn't have a great year, but the fourth quarter was impressive. In the last quarter, XRP rose from $0.49 to reach a year-to-date high of $2.90, but has now fallen to $2.07. This sharp increase resulted in year-to-date growth of 237%.
Similar to Bitcoin, XRP could also see significant growth in 2025 due to the recent launch of the RLUSD stablecoin.
“The trajectory of XRP is particularly interesting given recent developments. The SEC victory was an important catalyst, but the launch of the RLUSD stablecoin and the ongoing Chain development has provided new growth vectors, with the possible appointment of a pro-crypto SEC chairman and clearer regulatory guidelines for the use of XRP in cross-border payments and institutional adoption. “This regulatory clarity, combined with technological developments, could foster sustained price growth.”
XRP price analysis. Source: TradingView
This aggressive push could push XRP above the $3.00 barrier, supported by strong demand from new buyers. Institutional investors will also play a key role in meeting this demand, helping to keep the altcoin above $2.00.
Cardano (ADA)
Cardano had the most disappointing performance of all the largest altcoins, increasing just 35% in 12 months. This week’s 27% drop wiped out a significant portion of the gains recorded in the fourth quarter, leaving the altcoin at $0.80.
The lack of growth has raised concerns that Cardano will remain in the top 10 of crypto asset lists. Already in ninth place, ADA faces threats from chains such as Tron (TRX) and Avalanche (AVAX) that have proven their mettle. However, Pellicer has a more positive outlook on third-generation crypto assets.
“Although its performance is not overwhelming in the current bull cycle, its potential should not be underestimated.The key to maintaining its top 10 position is to successfully expand the ecosystem and increase its utility.” Yes, the platform must demonstrate specific use cases and accelerate dApp adoption.
The focus should be on attracting developers and projects that can take advantage of Cardano's technical advantages. If this effort is successful, ADA could see renewed interest and price increases in 2025, but this will require significant execution against development milestones and user adoption metrics,” Pellicer said. told BeInCrypto.
Cardano price analysis. Source: TradingView
This positive outlook will only take effect if ADA manages to regain support at $1.00 and move back down to $1.19. However, further growth will be guaranteed by strong demand from investors and stronger development of the team.
Disclaimer
In accordance with Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. Although BeInCrypto strives for accurate and unbiased reporting, market conditions are subject to change without notice. Always do your own research and consult a professional before making any financial decisions. Please note that our Terms of Use, Privacy Policy and Disclaimer have been updated.
