Cryptocurrencies like Bitcoin, Ethereum, Solana, Cardano, XRP, and SKALE show potential growth in 2025.
From Nasdaq
December 15, 2024 09:00 AM:
- Cryptocurrencies are gaining popularity, with big brands like Nike and Starbucks adopting blockchain technology. New investors can consider Bitcoin, Ethereum, Solana, Cardano, XRP, and SKALE for potential growth.
- Bitcoin has shown impressive year-over-year growth, with experts predicting a price between $100,000 and $150,000 by 2025. It is increasingly seen as a serious investment due to limited supply and rising demand.
- Ethereum, the second largest cryptocurrency, is set to trade between $2,548 and $5,500 by 2025. Its transition to a proof-of-stake model has made it more energy-efficient and attractive for users.
- Solana, a fast network with cheap transaction fees, has seen significant growth over the past year. It is forecasted to reach a price between $184 and $555 by 2025, with potential risks from network congestion and regulatory changes.
- Cardano aims to solve real-world problems through sustainable blockchain technology. Its unique proof-of-stake model contributes to lower energy usage compared to other systems, with a potential price range of 44 cents to $1.44 by 2025.
- XRP faces legal challenges but is expected to improve, potentially becoming a major player in global payments by 2025. With the ability to facilitate rapid cross-border transactions, XRP’s value is expected to trade between 88 cents and $2.92 next year.
- SKALE solves the scalability issue for Ethereum-based apps by providing fast and cheap solutions for developers. With rapid growth and increasing adoption, SKALE is projected to see a price increase in 2025 as more projects utilize this cryptocurrency.
Read more at Nasdaq: 6 Cryptocurrencies With a High Year-Over-Year Earn on Investment To Buy in 2025
