Presto Research: Bitcoin is expected to reach $210,000 by 2025

Presto Research, the analytics arm of algorithmic trading firm Presto, has released its first annual report titled “From Chaos to Clarity,” focusing on the development of cryptocurrency trends in 2024 and making some predictions for 2025. The report depicts a year of ups and downs in the cryptocurrency market, with meme coins being the “outliers.” Tokens such as OM and PEPE performed amazingly, gaining 6,118% and 1,231% respectively. On the other hand, the report shows that venture-backed tokens did not meet the standards, indicating a change in investor sentiment. A new atmosphere has emerged in the industry, where transparency and sustainability are the cool ones, overshadowing the old-school speculative bubbles. RWA tokens have also attracted attention, led by OM. This success reflects the community’s love for projects with real-world appeal. The report attributes the market’s rise at the end of the year to some major macro events, such as the launch of the spot Bitcoin ETF and the US presidential election. Looking ahead to 2025, the report predicts a boom in various cryptocurrency fields. Due to the entry of large players and its growing importance as a reserve asset, the price of BTC could reach $210,000, the ETH/BTC ratio is expected to rebound to 0.05, and SOL is expected to reach $1,000. In terms of going to DeFi, Presto also foresees DEXs gaining more attention and could account for more than 20% of CEX trading volume by the end of 2025. In addition, the report predicts that the total cryptocurrency market value could climb to $7.5 trillion by 2025, driven by the mainstreaming of stablecoins, smart contract platforms, and the entry of more large institutions.