Introduction

Looking ahead to 2025, the Beluga research team is wildly bullish on the crypto space. We've put our whale heads together to list out our Top 10 predictions for crypto this year, encompassing the Majors, Blockchain Gaming, DeFi, and how the regulatory landscape may change. Find out what we're watching below!

Beluga's Top 10 Predictions for 2025

1. Ethereum (ETH) will reach a new all time high of $10,000.
2. Web2 gaming giant Roblox adds blockchain support for their marketplace, increasing their own revenue via fees on sales on the secondary market.
3. Pepe hits $20B market cap (currently $9.1B) driving a massive influx of new users into memecoins.
4. Coinbase launches BASE token in Q3 and reaches an equity valuation of $200B market cap.
5. The US launches the Strategic Bitcoin Reserve, however it does not purchase a meaningful amount of BTC. Instead, they just hold the ~200,000 BTC that they have seized.
6. Stake casino, the largest online casino in the world, launches a token.
7. Alt coins reach an aggregated market cap of $3T (currently $1T).
8. USDT reaches $500B market cap (currently $130B) as more countries with failing national currencies utilize it as a safe haven, further strengthening the US dollar.
9. Decentralized perpetuals exchanges overtake centralized exchange derivatives volume as restrictions against US users force them onto other platforms.
10. A new smart contract-focused Layer 1 will flip Solana by market cap, taking its spot as the most popular alt L1.