Andrew Baehr, managing director of CoinDesk Indices, said that any increase in the price of Bitcoin is the result of greater enthusiasm for Bitcoin's general adoption, but altcoins occupy a relatively gray area and have been the target of the SEC for many years. Therefore, a favorable crypto regulatory outlook will be the main driver of altcoin price movements in 2025. XRP, a token that has been at the center of SEC litigation in recent years, rose sharply after Trump's victory and rose again after SEC Chairman Gensler announced that he would resign after Trump took office.
Andrew Baehr pointed out that as the market generally expects the SEC to relax regulations in 2025, more crypto projects will come online, and decentralized projects driven by stablecoins will require blockchain to operate, and Ethereum has become a possible candidate. (Businessinsider)