Steno Research: 2025 will be the best year for the crypto industry

Research firm Steno Research predicts that 2025 may be a “golden era” for the cryptocurrency market, including the mining sector. Their forecasts suggest that the total market cap of digital assets could exceed $5 trln by year’s end if institutional investment inflows remain steady amid favorable macro conditions.

Over the past year, the market expanded 62%, with not only Bitcoin but several altcoins featuring innovative protocols driving growth. Miners utilizing renewable energy have already boosted profitability by 13–15% through reduced operating costs.

Steno Research believes the introduction of blockchain-based ETFs will be a key driver in attracting further capital. Experts are convinced the demand for powerful mining equipment will surge, prompting new entrants and enhancing competitive dynamics.