Donald Trump is shaping up to be a major factor in the booming future of cryptocurrency.

This year, the crypto world already hit some incredible milestones, with blockchain technology driving all-time highs in the market. But experts at Citi, a big-name U.S. banking company, believe the best is yet to come. They’re predicting a massive surge in the crypto industry by 2025 that could outshine even 2024’s impressive performance.

A big reason for this optimism? Donald Trump’s recent win in the U.S. presidential election. Known for his pro-crypto stance, Trump has promised to support the industry and pave the way for a new digital future in America.

Citi’s analysts, led by Alex Saunders, are confident that crypto’s momentum will keep rolling into 2025. This year saw a big boost thanks to Trump’s election victory and stellar growth from top cryptocurrencies like Bitcoin and Ethereum. They believe these trends will continue to drive strong returns in the coming years.

However, the analysts also pointed out that crypto isn’t without risks. Bitcoin, for example, needs consistently high returns to make up for its volatility. For investors to feel secure, they’ll need to see rewards that justify the risks, such as double-digit gains or a higher risk-reward balance.

Citi highlighted several reasons behind crypto’s stellar year, including the launch of Ethereum exchange-traded funds (ETFs) and Spot Bitcoin trading. These innovations helped drive up Bitcoin’s value, which nearly doubled toward the end of 2024. Stablecoins also came into focus, with analysts suggesting that their wider adoption could boost decentralized finance (DeFi) and increase overall engagement in the crypto space.

2024 was a comeback year for cryptocurrency. At the start of the year, the market was still recovering from a tough 2023 when Bitcoin’s value plummeted to concerning levels. Fast forward to now, and Bitcoin has soared past $100,000, smashing previous records by almost $30,000.

A big part of this turnaround came from Trump himself. During his 2024 presidential campaign, he pledged to support crypto by implementing friendlier regulations and making it easier for the industry to thrive in the U.S. He’s also assembling a team of experts, including a new AI and crypto advisor, to help guide this vision.

Even before officially taking office, Trump has already started pushing for change. He plans to remove officials who oppose his vision for a crypto-friendly future, including the current SEC chair. This proactive stance has given the industry a strong sense of optimism about what’s to come.

Citi believes that Trump’s leadership will drive even bigger growth for crypto by 2025. With decentralized finance gaining more traction and Trump’s administration set on reshaping the regulatory landscape, the stage is being set for a new era in cryptocurrency.