Among Bitwise’s most eye-catching predictions is Bitcoin’s potential to trade above $200,000, a milestone that would cement its position as the ultimate digital asset. The optimism isn’t limited to Bitcoin. Ethereum, Solana, and other cryptocurrencies are also projected to achieve all-time highs, spurred by growing institutional adoption.

Bitwise, a crypto exchange-traded funds issuer, expects at least five big crypto companies to go public with their shares next year. These include Circle, an issuer of stablecoins, and Kraken, an established crypto exchange.