Five Countries Expected to Adopt Bitcoin by 2025, Predicts Galaxy Strategist

Bitcoin Adoption: Predictions for 2025 by Galaxy Research

Jianing Wu, an associate researcher from Galaxy Research, has made a bold and optimistic prediction regarding Bitcoin’s future. Wu forecasts that by 2025, five nation-states will adopt Bitcoin, a strong signal of growing institutional acceptance. Furthermore, Wu believes five companies listed on the Nasdaq 100 could integrate Bitcoin into their reserves, marking another step in large-scale adoption starting as early as 2024.

“Five Nasdaq 100 companies and five nation-states will announce that they have added Bitcoin to their balance sheets or sovereign wealth funds. Whether for strategic purposes, portfolio diversification, or trade settlement, Bitcoin will begin to find a place on the balance sheets of major corporations and sovereign entities. Competition, particularly among non-aligned nations or those with significant sovereign wealth, as well as nations with adversarial relationships with the United States, will encourage strategies to acquire or mine Bitcoin,” Wu stated.

This outlook is one of the most optimistic projections for Bitcoin adoption by countries in the coming years.

Key Predictions for Bitcoin and Cryptocurrency in 2025

Galaxy Research recently presented 23 forecasts for Bitcoin and altcoins in 2025, touching on pivotal financial and geopolitical milestones. According to the report, the reelection of Donald Trump and the anticipated launch of Bitcoin Exchange-Traded Funds (ETFs) in the U.S. are key events expected to shape the cryptocurrency market in 2024.

Further insights come from analyst Alex Thorn, who shared his optimistic view on institutional adoption starting in 2025. Thorn envisions financial advisors recommending Bitcoin allocations within investment portfolios.

“At least one prominent wealth management platform will recommend a Bitcoin allocation of 2% or more for its clients. Due to factors such as compliance requirements, internal education, and maturing markets, wealth management firms have yet to incorporate Bitcoin into their advised model portfolios. This shift will occur in 2025, driving increased investment flows into U.S.-based spot Bitcoin ETFs.” Thorn explained.

Additionally, researcher Gabe Parker predicts significant technical updates to the Bitcoin protocol in 2025, with innovations such as OP_CTV (BIP 119) and OP_CAT (BIP 347) gaining developer traction by late 2024.

Tether’s Market Dominance May Diminish

Another striking prediction highlights a potential disruption in the stablecoin market. Charles Yu foresees Tether, the issuer of USDT, losing its dominance by 2025.

“Tether’s market share could drop below 50%, challenged by new contenders like Blackrock’s BUIDL, Ethena’s USDe, and USDC Rewards from Coinbase. Tether, which retains yield revenue from USDT reserves for its portfolio investments, may see users migrate toward more rewarding alternatives. Emerging products promising yield-based rewards will incentivize user conversion, impacting Tether’s position. To counter competition, Tether could share income from USDT reserves with holders or release yield-rich stablecoin solutions,” Yu stated.

These changes in the stablecoin market would likely accelerate innovation in decentralized finance (DeFi) and create new financial models for retail and institutional adoption alike.

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2025: A Historic Year for Bitcoin?

The year 2025 could be pivotal for Bitcoin, driving the cryptocurrency further into mainstream use among nations, corporations, and investors. With global developments such as sovereign Bitcoin adoption, institutional backing, and system updates on the horizon, Bitcoin shows no signs of slowing down.

As the cryptocurrency landscape continues evolving, these predictions reflect a growing trust in Bitcoin’s role as a tool for financial innovation, global economic strategy, and portfolio diversification. While challenges remain, 2025 might well mark a turning point in how the world perceives and adopts digital assets.