Asset management giant VanEck predicts a sharp increase in decentralized finance (DeFi) transaction volumes next year.
In a new report detailing their predictions for 2025, VanEck analysts say decentralized exchange (DEX) volumes will capture a fifth of centralized exchange (CEX) spot trading volumes.
“Despite record transaction volumes on decentralized exchanges (DEXs), both in absolute terms and relative to centralized exchanges (CEX), the total value locked (TVL) of decentralized finance (DeFi) remains 24% lower than its summit.
We expect DEX trading volumes to exceed $4 trillion in 2025, capturing 20% of CEX spot trading volumes, driven by the proliferation of AI-related tokens and new DApps. decentralized) intended for consumers.
Additionally, the influx of tokenized securities and high-value assets will catalyze the growth of DeFi, providing new liquidity and broader utility. As a result, we expect DeFi TVL to rebound to over $200 billion by the end of the year, reflecting the growing demand for decentralized financial infrastructure in an evolving digital economy.
Analysts also predict that the broader crypto bull market will persist through 2025, with a correction beginning during the first quarter. Once the correction is complete, VanEck set bullish price targets for some of the top crypto assets by market cap.
“We believe the crypto bull market will persist through 2025, reaching its first peak in the first quarter. At the peak of the cycle, we expect Bitcoin (BTC) to be valued at around $180,000, while Ethereum (ETH) will trade above $6,000. Other major projects, such as Solana (SOL) and Sui (SUI), could exceed $500 and $10, respectively.
After this initial spike, we expect a 30% retracement in BTC, with altcoins facing steeper declines of up to 60% as the market consolidates over the summer. However, a recovery is likely in the fall, with major tokens regaining momentum and returning to previous all-time highs by the end of the year.
VanEck’s full report can be read here.
Don’t miss a thing – Subscribe to receive email alerts straight to your inbox
Check Price Action
Follow us on XFacebook and Telegram
Surf the daily Hodl mix
 
Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should conduct due diligence before making high-risk investments in Bitcoin, cryptocurrency or digital assets. Please note that your transfers and transactions are at your own risk and any losses you may incur are your responsibility. The Daily Hodl does not recommend the purchase or sale of cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Featured Image: Shutterstock/Space Maker/Natalia Siiatovskaia
