Solana surged 204% in 2024, driven by decentralized exchange activity and the creation of over 3 million tokens, while Ethereum is poised for a potential breakout in 2025, with predictions of reaching $10,000 amid a favorable regulatory environment and increased staking opportunities. Retail trading has also surged, surpassing 2021 levels, as individual investors flock to cryptocurrencies and popular stocks. However, Ethereum faces challenges from rival blockchains and regulatory headwinds, which may impact its adoption and performance.
Bitcoin has reached a new record close to $95,000 as investors keep a close watch on the transition of power under Trump. In today's CNBC Crypto World, Andrew O’Neill from S&P Global Ratings discusses the potential impact of upcoming crypto policy changes on market prices.
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