Investors expect the cryptocurrency’s growth to continue in 2025 and peak in the second half of the year, MV Global, a Web3 investment firm, told Cointelegraph on November 11.
Nearly half of investors expect the market to peak in the second half of 2025, says MV Global, citing a survey of 77 immense cryptocurrency investors, including venture firms, hedge funds and high-net-worth individuals.
“This appears to be a very popular opinion and therefore very likely to be priced in by the market,” noted Tom Dunleavy, managing partner at MV Global.
Flows by assets (in millions of US dollars). Source: CoinShares
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Bitcoin (BTC) is expected to trade between $100,000 and $150,000 per coin, says MV Global.
The survey shows that investors are particularly bullish on Solana (SOL): 30% predict a top of over $600 before the end of the cycle.
“Solana has a long track record of consensus among almost all the allocators we talked to,” Dunleavy said.
The sentiment regarding Ether (ETH) was mixed. A third expect only modest profits, with ETH reaching between $3,000 and $5,000. According to the survey, another third see ETH reaching $7,000 before the end of the market cycle.
“Bullishness on ETH is definitely a contrarian assumption right now,” Dunleavy said.
The cryptocurrency market has surged following Donald Trump’s victory in the US presidential election as many believe his victory will benefit the industry, according to Cointelegraph Research.
Bitcoin rose to a high of $76,500 the day after the Nov. 6 election as investors rode a wave of broader market optimism. Spot prices are currently at an all-time high, approaching $85,000.
Bitcoin reached a market capitalization of $1.62 trillion on November 11, bringing the global market capitalization to $2.71 trillion, according to data from Cointelegraph Markets Pro and CoinMarketCap.
Ether rose 10% following Trump’s election victory and is currently trading around $3,300, still well below 2021 highs of over $4,700.
Solana’s native token, SOL, rose 22.5% between November 5 and November 7, reaching a seven-month high. At around $220 per token, SOL is still below its 2021 high of $260.
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