- Standard Chartered says crypto markets could realize their full potential if Republicans win the House.
- Analysts estimate that the values of Bitcoin and Ethereum could triple before the end of 2025.
Crypto markets soared to $2.84 trillion as Trump won the White House and Republicans claimed the Senate last week, closing in on a GOP sweep as the House majority is still undecided.
Standard Chartered predicts that this “Republican sweep” could push the market capitalization to $10 trillion by 2026 amid more crypto-friendly policies and regulatory changes.
The bank’s forecast hinges on Republicans pushing regulation on stablecoins, repealing SEC guidelines limiting crypto custodians and even considering a Bitcoin Federal Reserve.
Although Standard Chartered considers the creation of a Bitcoin reserve fund to be a low-probability event, it recognizes the potential for a substantial price impact if the US government retained its Bitcoin holdings.
“We expect regulatory and other changes in 2025 and 2026 to further legitimize the digital assets sector, ‘lifting all boats’ and supporting the emergence of new ones,” said Geoff Kendrick, Global Head of Digital Assets. digital assets research at Standard Chartered.
Lifting all boats
A Republican majority in the House would allow the GOP to advance these policies with minimal resistance.
It could also boost institutional interest in stablecoins, which the bank predicts could reach a market cap of $1 trillion by 2026.
Bitcoin is expected to reach $200,000 by the end of 2025, while Ethereum could climb as high as $10,000.
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However, Kendrick expects Bitcoin’s market share to increase from 60% currently to just over 40% by 2026.
He believes smart contract platforms and assets with practical applications – such as decentralized finance, gaming and tokenization – will outperform.
The report estimates that Solana, in particular, will overtake Bitcoin and Ethereum and could quintuple in value before the end of next year.
Crypto market players
- Bitcoin is up 3.3% over the past 24 hours to trade at $79,100.
- Ethereum is up 5.1% to trade at $3,185.
What we read
Kyle Baird is the weekend editor for DL News. Do you have any advice? Email to kbaird@dlnews.com.
