$ETH
According to PANews, a report by Steno Research suggests that Ethereum is expected to overtake Bitcoin by 2025, based on historical trends and the likely outcome of Donald Trump’s victory in the US presidential election. The report predicts that Bitcoin’s minimum price will reach $150,000 next year, while Ethereum’s price is expected to rise from $3,400 to at least $8,000, doubling its value.
Steno Research also predicts that the Ethereum to Bitcoin ratio will increase from the current 0.0357 to 0.06 over the next 12 months, in line with historical price trends. The report highlights that altcoins will become the center of the market, as a Trump victory in the election will be more beneficial to altcoins than Bitcoin. Additionally, Bitcoin’s market dominance is expected to decline from around 56.6% to around 45%.
Furthermore, Steno points out that the total value locked (TVL) in decentralized applications is expected to reach a new high of $300 billion next year, providing additional support for altcoin prices to rise. The potential introduction of new cryptocurrency ETFs in the US also adds to the positive outlook for altcoins.