Steno Research 表示，以太幣 (ETH) 可能會在 2025 年擊敗比特幣 (BTC)

報告稱，預計以太幣價格將從 3,400 美元上漲一倍以上，達到至少 8,000 美元。

Steno Research now predicts that ether (CRYPTO: ETH), the second-largest cryptocurrency by market capitalization, will easily outperform bitcoin (CRYPTO: BTC) in 2025, in a report that also cites historical trends and Donald Trump's U.S. election victory.

Steno Research 現在預測，以市值計算的第二大加密貨幣以太坊(CRYPTO: ETH) 將在2025 年輕鬆超越比特幣(CRYPTO: BTC)，該報告還引用了歷史趨勢和唐納德·特朗普在美國大選中的勝利。

Steno is now predicting bitcoin will hit a minimum of $150,000 next year, up from around $94,000, while ether will more than double to at least $8,000 from $3,400.

Steno 現在預測明年比特幣的價格將從 94,000 美元左右上漲到最低 150,000 美元，而以太幣將從 3,400 美元上漲一倍多，達到至少 8,000 美元。

Steno said it expects the ETH/BTC ratio to rise to 0.06 in the next 12 months from the current 0.0357, echoing the price action seen in previous cycles.

Steno 表示，預計 ETH/BTC 比率將在未來 12 個月內從目前的 0.0357 升至 0.06，與先前週期中的價格走勢相呼應。

“This expectation is partly based on the argument that Donald Trump's U.S. presidential victory is more favorable for altcoins than for bitcoin,” analyst Mads Eberhardt wrote in the note.

分析師 Mads Eberhardt 在報告中寫道：“這種預期部分是基於這樣的論點，即唐納德·特朗普的美國總統勝利對山寨幣比比特幣更有利。”

Bitcoin's market dominance is predicted to drop to as low as 45% from its current level of about 56.6%, the note said.

該報告稱，比特幣的市場主導地位預計將從目前約 56.6% 的水平降至 45%。

Total value locked (TVL) in decentralized applications is forecast to hit a new high of $300 billion next year, Steno said, and if the prediction is correct, it further supports the argument for higher altcoin prices.

Steno 表示，去中心化應用程式中鎖定的總價值（TVL）預計明年將達到 3000 億美元的新高，如果預測正確，它將進一步支持山寨幣價格上漲的論點。

“2025 will witness institutional adoption of crypto on an unprecedented scale,” the report adds.

報告補充說：“到 2025 年，加密貨幣的機構採用規模將達到前所未有的規模。”