Galaxy Research reveals Bitcoin, Ether, and Dogecoin price predictions in its 2025 cryptocurrency forecast

Digital asset and blockchain firm Galaxy Research, led by head of research Alex Thorn, has released forecasts for 2025, predicting significant price movements and regulatory changes across major companies. Cryptocurrencies Including Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE).

Bitcoin is on track to reach $185,000 by the end of 2025

According to According to Galaxy Research, Bitcoin is expected to surpass $150,000 in the first half of 2025 and may reach or exceed $185,000 by the end of the year. This bullish outlook is based on a combination of increasing adoption by institutions, corporations and nation-states.

Historically, Bitcoin has outperformed traditional asset classes, including the S&P 500 and gold, and this trend is expected to continue as it takes nearly 20% of gold’s market capitalization.

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The report indicates that the United States is a Bitcoin spot Exchange traded products The value of assets under management (ETPs) is expected to exceed US$250 billion by 2025.

With over $36 billion in net inflows recorded in 2024, these exchange-traded products have become the most successful launch group in history, attracting investments from major hedge funds and institutional players.

As Bitcoin solidifies its position as a leading asset, Galaxy Research expects at least one prominent wealth management platform to recommend Bitcoin distribution By 2% or more. This shift is expected to lead to increased flows into Bitcoin exchange-traded products, increasing assets under management.

The report also highlights the potential for consensus on significant protocol upgrades among Bitcoin developers, which has historically been difficult to achieve, and is expected to include improvements that improve the programmability of transactions.

Dogecoin is preparing for a comeback

Ethereum is expected to trade above $5,500 in 2025, driven by easing regulatory restrictions on… Decentralized finance (DeFi) and increasing institutional interest.

Galaxy Research expects signing rates for Ethereum shares to exceed 50%, with the possibility of allowing ETH-based exchange-traded funds to take a share of the ETH they hold.

The decentralized finance (DeFi) market on Bitcoin is also expected to grow significantly. The amount of Bitcoin locked in DeFi smart contracts could nearly double in 2025, according to the company.

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The report predicts this as well Dogecoin The market cap will reach $100 billion, and will likely surpass the $1 mark amid broader market dynamics, including institutional adoption and new regulatory frameworks that may impact the future of meme-based cryptocurrencies.

On the regulatory front, Galaxy Research expects bipartisan legislation governing the issuance of stablecoins to be enacted by the end of 2025, providing a clear framework for coin issuers.

Currently, Bitcoin is trading at $94,648, showing a 1% loss in the last 24 hours. Conversely, Ethereum is priced at $3,359, reflecting a 1% increase over the same period. Dogecoin is priced at $0.314 and has only gained a meager 0.5% during this time frame.

Featured image of DALL-E, chart from TradingView.com