Market Trends & Institutional Adoption - JP Morgan Chase plans to permit institutional clients to use Bitcoin and Ethereum holdings as collateral for loans, signaling a broader Wall Street push into crypto [1] - Standard Chartered estimates tokenized real-world assets will grow from $34 billion to $300 billion over the next 12 months, primarily on Ethereum due to its trustworthiness [1] - Fidelity, with $58 trillion in assets under management, is making Solana accessible for all US brokerage customers, offering spot Solana trading and custody [22][23] Ethereum vs Bitcoin - Ethereum treasury entities now own 4% of total ETH supply, overtaking Bitcoin at 36% [2] - The narrative of Ethereum as an investable asset is changing, especially with lower inflation than Bitcoin and potential staking rewards [2][3] - There is speculation that Ethereum could "flip" Bitcoin, similar to how Wall Street and equities flipped gold, driven by the movement of assets onto the blockchain [5][7][8] Bitcoin Forecast - Michael Sailor forecasts a bull case for Bitcoin reaching $49 million by 2045 [18] - Sailor's base case for Bitcoin is $13 million a coin in 2045, with a bare case of $3 million [19] - The general sentiment is that Bitcoin is here to stay, with increasing certainty about its long-term viability [16][17][18] Prediction Markets & Poly Market - Prediction markets, like Poly Market, are often more accurate than traditional news sources [10] - Poly Market is launching its own native token with a potential airdrop for users [13][14] - Poly Market is expanding into stocks, launching up/down equity markets, and partnering with MetaMask [12][13] Solana's Potential - Solana aims to be the fastest transaction and execution layer, potentially faster than NASDAQ, Visa, and Mastercard, with a million transactions per second [1][23][24] - Solana is expected to evolve into a global supercomputer with permissionless access [1][24]
“The Crypto Flood Gates Just Opened” BIGGEST MOMENT HAPPENING NOW!
Altcoin Daily·2025-10-24 22:04