General cryptocurrency predictions for the upcoming calendar year, 2021. In brief, point form you’ll see my Bitcoin predictions, Ethereum predictions, DeFi predictions and ‘other’ cryptocurrency predictions.

Bitcoin 2021 Predictions

• Bitcoin ETF will launch in Canada, America and Europe
• Bitcoin will peak in its bull run at ~$200,000 to $300,000 USD
• Lightning network development will garner significant attention towards the fourth quarter (owing to increased transaction costs/mining fees, as well as retail integration with payment providers)
• Over 100 publicly traded companies’ balance sheets will contain bitcoin.

Ethereum 2021 Predictions

• Staking will accumulate over $20 Billion in USD value
• Ethereum will reach an unprecedented peak at ~$30,000 USD/ETH
• ETH 2.0 will progress much faster than anticipated, not released during 2021, but likely 2022.
• Large funds and corporations will start to see the value of Ethereum as programmable finance.
• Traditional banks will transact over $1 Billion USD in stable coins over the Ethereum network.

DeFi 2021 Predictions

• Three to four DeFi protocols will reach the top 10 cryptocurrencies by market cap
  • Maker
  • Aave
  • Uniswap
  • Synthetix
• Dollar value locked in DeFi will surpass $1 Trillion USD (at its peak)
• Dollar Value locked in stable coins will surpass $200 Billion USD
• Insurance protocols will surpass $100 Billion USD in value

Other Cryptocurrency Predictions

• Oracle protocols will reach over $200 Billion in cumulative value
  • Chainlink will continue to be the dominant oracle protocol
• We will witness the rise of many alt coin chains with a main theme of “interoperability” between chains. We will only need one or two of these truly.
  • Likely Polkadot will be the highest valued interoperable chain
• Cardano (ADA) will likely 10-15x its previous all time high (likely reaching $10-$15/ADA) at the alt coin peak
• Bitcoin mimics like Bitcoin Cash (BCH) and Bitcoin Satoshi’s Vision (BSV) will fall off the top 10 by market cap and never recover.
• XRP lawsuit will consume the majority, if not, the entire year.
  • 50-60% chance that Ripple loses the lawsuit
  • 20-30% chance Ripple settles
  • 10-30% chance Ripple wins the lawsuit
• XRP will likely pump with hype, top likely $5-$10 USD, followed by a dump that also does not recover. Ripple the company will likely continue to be profitable.

Please follow and like us: