The crypto market has been on a bullish streak in the last quarter of this year, thanks to Donald Trump’s recent victory in the US presidential election.
American investment management company VanEck has shared 10 predictions that could see the crypto market valuation rise next year.
Bullish cryptocurrency predictions by VanEck
Van Eck’s initial forecast focused on key assets expected to see sharp price increases over the next year. For example, BTC reaches $180,000, ETH is over $6,000, SOL is over $500, and SUI is over $10.
The company’s following forecasts laid out factors that could drive some of these price predictions. Given President Trump’s bullish stance, VanEck predicts the United States will adopt Bitcoin as a strategic reserve.
Multiple crypto exchange-traded product (ETP) applications are likely to be approved after President Trump selected a crypto-friendly head of the US Securities and Exchange Commission (SEC). Additionally, Ethereum ETP will have staking functionality, a feature that has been restricted under President Joe Biden’s administration.
VanEck highlighted another factor that could drive BTC’s price rise, stating another prediction that the total value lock (TVL) of Bitcoin-based layer 2 networks will reach 100,000 BTC. . If this speculation comes true, it would be a 600% jump from this year’s TVL record.
The completion of the Ethereum Dencun upgrade earlier this year enabled an increase in blob activity. VanEck predicted that fees in the Ethereum blob space will reach $1 billion as L2 rollups and “big-ticket use cases” gain more traction.
The daily trading volume of the stablecoin market is approximately $100 billion. VanEck predicts this value will rise to $300 billion by the end of next year. “This surge will be driven by adoption in global commerce, remittances, and integration with major technology and payment networks,” the company explained.
DeFi and NFT predictions
VanEck expanded its predictions to include artificial intelligence (AI). The company said one million new AI agents will be introduced next year and will be used in decentralized finance (DeFi), social media, gaming, and consumer applications.
Regarding DeFi, VanEck expects decentralized exchanges (DEXs) to reach a peak of $4 trillion in trading volume and $200 billion in TVL. This surge will be fueled by AI-focused projects, “consumer-facing dApps, and tokenized assets.”
Another DeFi-focused prediction by VanEck predicts dApp tokens narrowing the performance gap with L1 crypto assets. The investment firm is optimistic that new projects themed around AI and decentralized physical infrastructure networks (DePIN) will drive growth.
The NFT market is not excluded from the company’s forecasts. VanEck predicts that NFT trading volume will regain $30 billion next year. Growth projects such as Pudgy Penguins and Milady will fuel this surge.
VanEck also predicted a surge in tokenized securities in the next year. The market soared from $6 billion to $12 billion this year, and the company expects the value to rise to $50 billion next year.
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