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Binance’s Changpeng Zhao Says 2025 “Will Be a Send It Year”

source-logo  thecryptobasic.com 03 January 2025 14:05, UTC

Binance’s Changpeng “CZ” Zhao offers insights into his crypto market expectations for 2025.

After a largely positive 2024, most crypto market participants are looking to 2025 with significant optimism. This includes former Binance CEO Changpeng “CZ” Zhao.

Binance’s CZ Says “Send It”

Binance’s Changpeng “CZ” Zhao has offered insights on his expectations for 2025. In an X post on Friday, January 3, CZ asserted that “2025 will be a ‘send it’ year,” referencing the popular phrase often used by crypto market participants to express excitement when asset prices are soaring.

Indeed, the crypto community appears to have a lot to be excited about going into 2025. For one, the industry is anticipating an unprecedentedly supportive regulatory environment under the incoming Donald Trump administration. At the same time, the market looks set to benefit from improving global liquidity as central banks continue quantitative easing efforts.

If you ever wondered why people tweet 4, it came from this tweet 2 years ago today. In hindsight, should've made "4" the "0"th point. 😂

2025 will be a "send it" year. https://t.co/6f27u0mYez

— CZ 🔶 BNB (@cz_binance) January 3, 2025

Meanwhile, institutional adoption continues to grow at a rapid pace, as reflected in the billions pouring into the market through Bitcoin and Ethereum exchange-traded products and the high demand for stocks of companies with Bitcoin treasury holdings.

Furthermore, several countries, including the U.S., are mulling strategic Bitcoin reserves.

Amid this confluence of tailwinds, researchers and analysts are targeting significantly higher crypto asset prices in 2025.

The Best Year Ever?

In line with Binance’s CZ’s view, financial research firm Steno Research asserted that 2025 will be crypto’s best year ever in its forecast for the year, setting price targets of $150,000 and $8,000 for Bitcoin and Ethereum, respectively.

At the same time, the firm predicts that altcoins will soar, supported by the anticipated favorable regulations under Trump. According to the firm, total value locked (TVL) in DeFi protocols is expected to hit a record high of $300 billion from current levels of about $123 billion.

thecryptobasic.com