CandleFocus

Why Ethereum is the Contrarian Play for 2025 According to Bitwise CIO

Why Ethereum is the Contrarian Play for 2025 According to Bitwise CIO
Bitwise CIO Matt Hougan believes that despite its struggles in 2024, Ethereum remains a promising investment for 2025. He argues that Ethereum's dominance in various blockchain use cases, from DeFi to stablecoins to tokenization, is a strong indication of its potential. Additionally, Ethereum's appeal to traditional finance institutions further supports its prospects. Although Ethereum has not had a strong start to 2025, with its price currently below its opening price, researchers like Bitwise predict that Ethereum could nearly double in price this year, with a projected value of $7,000.

Related News