The cryptocurrency market had an exceptional year in 2024. Bitcoin (BTC) led the charge, pushing the industry to a valuation of nearly $4 trillion before the market correction. Earlier in the year, Bitcoin reached the long-awaited $100,000 level, eventually settling at around $92,700 in the final hours of the year during the mid-London session.
The increase was driven by the rise in Bitcoin prices and the broader growth of the cryptocurrency market Mainstream adoptionespecially from giant institutions such as MicroStrategy Inc. (NASDAQ: MSTR) and Metaplanet Corporation (Tokyo: 3350). The game-changing moment in 2024 was US approval of spot Bitcoin ETFs, Which led to over $106 billion worth of Bitcoin being purchased in just one year.
This development unleashed a wave of institutional interest.
Franklin Templeton predictions for 2025
Franklin Templeton Digital Assets predicts that 2025 will mark a major shift in the cryptocurrency industry. Instead of speculative trading, the focus is expected to shift towards real-world applications, making digital assets a vital part of global finance and operations.
To prepare for this change, Franklin Templeton Stakeholders are advised to monitor three key areas:
- Regulatory changes: Keeping up with evolving laws and compliance requirements.
- Institutional moves: Watch how key players adapt and invest.
- AI coding integration: Understanding the synergy between blockchain and artificial intelligence.
Why is Trump’s re-election important?
Re-election Donald Trump as President of the United States It is expected to accelerate cryptocurrency adoption. Franklin Templeton anticipates Trump’s policies, along with his appointment Paul Atkins As the new head of the US Securities and Exchange Commission (SEC), providing more regulatory clarity. This progress is likely to support the growth of innovative cryptocurrency products, including tokenized securities.
One of the most promising areas in the field of cryptocurrencies is Decentralized Physical Infrastructure Network (DePIN). Currently valued at approximately US$29 billion, with an average daily trading volume of US$2.18 billion, DePIN exemplifies how decentralized networks can transform industries that rely on physical infrastructure.
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With regulatory clarity on the horizon and the emergence of promising sectors like DePIN, stakeholders have strong reasons to remain optimistic.
Frequently asked questions
The cryptocurrency market is expected to grow significantly, becoming an integral part of global financial systems, with growth driven by facilities.
Bitcoin, DePIN, and other blockchain-based assets are expected to see significant growth, with institutional adoption on the way.
According to Coinpedia’s BTC price forecast, 1 BTC could peak at $169,046.
