January 15, 2025

HashKey Predicts Bitcoin Rally To $300k and XRP, SOL ETF Approvals in 2025

HashKey Predicts Bitcoin Rally To $300k and XRP, SOL ETF Approvals in 2025

Hong Kong-based HashKey Group has released its “Top 10 Market Predictions for 2025,” forecasting major developments in the cryptocurrency sector.

Among the predictions, Bitcoin is expected to break the $300,000 mark, while Ethereum could exceed $8,000, driven by growing adoption and institutional investments. The company’s forecasts were based on insights from nearly 50,000 community members who voted during a nine-day period.

Bitcoin to Surpass $300K Amid Market Growth

HashKey sees Bitcoin potentially rising to $300,000 by 2025 due to the growing acceptance as a ‘digital gold’ and the rising institutional investment. The cryptocurrency industry is expected to reach a total market capitalization of $10 trillion due to the entry of new investors and the innovation in the technology of the blockchain.

At the time of the prediction, Bitcoin price was $99,367 with the price slowly rising after some fluctuations in the recent past. Technical analysis shows that there is a strong buying pressure around $92,300, which may propel Bitcoin further upwards. HashKey also pointed out that this growth could be significantly influenced by regulatory certainty and approval of Bitcoin ETFs.

Dr. Xiao Feng, Chairman and CEO of HashKey Group said, “2025 is the starting point of the ‘Golden Decade of Web3’ with immense potential.”

Approval of XRP and Solana ETFs Expected

HashKey, like JPMorgan Chase, expects that Solana (SOL) and XRP will be approved for the use in new exchange-traded funds (ETFs) which may draw in billions of dollars in investments. These ETFs are expected to further increase the institutional investment in the cryptocurrency space and thus help in the growth of the sector.

The group noted that the U.S. Securities and Exchange Commission (SEC) has not made any decision on these ETFs but if approved, they could boost capital inflows. This comes after the launch of other crypto ETFs by HashKey in Hong Kong in 2024 which provided significant inflows to Bitcoin and Ethereum.

”New ETFs for assets like XRP and SOL could serve as a gateway for more investors to enter the crypto market,” HashKey said.

Growth in Stablecoins and Real-World Assets

According to the research, the market capitalization of USDT, USDC, and other USD-pegged stablecoins will likely reach $300 billion by 2025 due to the increasing need for regulated and asset-backed digital dollars. At the moment, Tether is the most popular stablecoin with USDT in circulation amounting to $138 billion, while Circle’s USDC is second with $46 billion.

According to HashKey, these include stablecoins that are backed by yield-bearing and real-world assets which have the potential of connecting the traditional and digital financial systems. 

In addition, stablecoins and new payment systems are expected to be supported by new regulations in many regions.

U.S. Policy Changes and Strategic Bitcoin Reserve

HashKey expects the U.S. government to adopt more crypto-friendly policies under the new administration, including approval of the FIT21 Act. This act would expand the oversight of the Commodity Futures Trading Commission (CFTC) and create a clearer framework for digital commodities like Bitcoin.

The prediction also includes the establishment of a U.S. strategic Bitcoin reserve to support the dollar and maintain global financial stability. This move could further solidify Bitcoin’s status as a key global asset.

As regulatory clarity improves, HashKey projects an inflow of $3 trillion into the crypto market through security token offerings, exchange-traded funds, and central bank digital currencies.

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