Welcome back to The Breakdown with me, NLW.

It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world.

What's going on, guys? It's Thursday, December 12th, and today we are talking some predictions

for next year. Before we get into that, however, if you are enjoying the breakdown, please go

subscribe to it, give it a rating, give it a review, or if you want to dive deeper into the

conversation, come join us on the Breakers Discord. You can find a link in the show notes or go

to bit.ly slash breakdown pod. All right, friends, we are officially in the recap slash prediction time of the year.

One of my favorite points.

For anyone who likes Big Think can't possibly actually know, but fun to make it sound like

you do stuff, this is the best time of the year.

And so for our first episode of this type of the season, we're actually turning to a new report

from Bitwise. CIO, Matt Hogan, and head of research Ryan Rasmussen looked at where they

expect the industry to go over the next year and presented 10 crypto predictions for 2025.

Unsurprisingly, one of the big themes of the year, and really of this cycle, I think,

has been the transition

from the DGen era to the institutional era and what all that means from everything from

price action to cycle norms and so, so much more. So what we're going to do today is go over

a set of these predictions from Bitwise. We'll be doing a lot of this type of content this

year, but this is a great way to kick off.

Let's start with the simplest prediction, price. Bitwise expects new all-time highs across the board in 2025, Bitcoin at 200K, Ethereum at 7,000, and Solana getting to 750. These price targets are

substantially above even the most bullish investment banknotes, which are generally targeting a

Bitcoin top at 150K this cycle, which of course also President-elect Trump has targeted,

...