- The cryptocurrency market has been the subject of numerous predictions for 2025, with one of the most recent coming from Galaxy Research predicting that Dogecoin will hit the $1 mark.
- Galaxy also issued other predictions that the total supply of stablecoins will double to more than $400 billion by 2025 and that Tether’s market dominance will fall below 50%.
Bold predictions for 2025 are making headlines, with those from Galaxy Research for Dogecoin (DOGE) getting particular attention. In a post on dated December 27, Galaxy Research predicts that Dogecoin could reach $1 by 2025, supported by a broader crypto industry recovery and renewed interest from investors. The company shared with Galaxy Digital customers that it expects Dogecoin’s market cap to reach $100 billion next year.
Several factors suggest that Dogecoin could finally reach the $1 mark. Its volatility and growth potential are enhanced by increasing adoption by institutions and businesses. Looking ahead to Donald Trump’s pro-crypto administration planned for 2025, coupled with Elon Musk’s role as co-leader of the Department of Government Efficiency (D.O.G.E.)interest in Dogecoin is undoubtedly on the rise. However, achieving lasting success and breaking the $1 mark will require more than fleeting excitement from Musk’s support; solid foundations must be established.
As of this writing, DOGE trades at $0.3156which represents a decrease of 0.37% over the last 24 hours. Trading volume also fell by 12.17%, totaling $2 billion. Over the past week, it has seen a decline of 8.70%, underperforming the overall cryptocurrency market, which is down 1.10%. Notably, DOGE needs to skyrocket 216.5% to reach the coveted $1 mark, making it a point of interest amid the current market fluctuations.
Galaxy forecast for 2025
Besides Dogecoin, Galaxy Research has provided optimistic predictions for other cryptocurrencies. Bitcoin, in particular, is expected to see significant growth, surpassing $150,000 in the first half of 2025 and potentially reaching $185,000 by the end of the year. Additionally, the firm projects that spot Bitcoin ETFs in the United States could accumulate over $250 billion in assets under management by 2025. Additionally, the ETH/BTC ratio is expected to trade below 0 .03 in 2025, but will finish the year above .06.
L’Ethereum is also positioned for substantial gains, with Galaxy predicting its value could surpass $5,500. This projected growth is largely attributed to easing regulatory pressures on decentralized finance (DeFi) and staking, which is expected to drive adoption and usage of the Ethereum network.
Partnerships are also expected to emerge between more than half of the top 20 publicly traded bitcoin miners and hyperscalers or artificial intelligence companies. These collaborations aim to balance hash rate growth with the growing demand for high-performance computing. Additionally, at least one major asset management firm is expected to allocate 2% or more of its portfolio to bitcoin by 2025, further boosting institutional adoption.
