Nexo’s latest Dispatch report discussed Bitcoin crossing $100,000, Ethereum gaining traction, and Solana facing potential headwinds as 2025 begins with surging market activity.

Bitcoin broke through the $100,000 mark this week, a milestone highlighted in Nexo’s latest “Dispatch” report. Analysts suggest this level could become a critical support zone, reinforced by $2 billion in spot ETF inflows in early January. 

Historical trends indicate January could deliver further growth, with Bitcoin previously seeing rallies of 20-30% during this period. The report also noted Bitcoin’s 16th anniversary, coinciding with a $2 trillion market cap and continued accumulation by institutional players like MicroStrategy.

Since the time of the report, however, Bitcoin (BTC) has slumped 5% to a $97,000 range. 

Bullish momentum for Ethereum, while Solana is uncertain

Ethereum (ETH) is also positioned for growth, according to the report, driven by an increasing number of long-term holders — now accounting for over 75% of investors — and strong inflows into spot ETFs. These trends, coupled with high leverage ratios in the futures market, signal optimism for the asset in 2025.

Solana’s (SOL) trajectory, however, remains uncertain. Nexo’s report highlighted $227 million in net inflows last week, which could indicate potential sell-offs despite technical indicators suggesting bullish momentum.

Meanwhile, the broader crypto market faces volatility from $7 billion in token unlocks this month, with daily releases from assets like Solana and Dogecoin (DOGE) expected to influence short-term price movements.

The report highlighted some macroeconomic elements like the U.S. labor market statistics as significant influencers of cryptocurrency demand, especially for Bitcoin. 

With analysts increasingly suggesting crypto as a safeguard against economic unpredictability, 2025 is poised to be a crucial year for digital assets.