On December 20, Galaxy Research released its 2026 cryptocurrency market forecast.
The report predicts that Bitcoin will reach $250,000 by the end of 2027, but states that the 2026 market is too volatile to make accurate predictions. Currently, the options market assigns equal probability to Bitcoin reaching either $70,000 or $130,000 by the end of June 2026, and equal probability to it being at either $50,000 or $250,000 by year-end.
Other key predictions include: at least one Layer-1 blockchain will have built-in revenue-generating applications; stablecoin transaction volume will surpass the ACH system; decentralized exchanges will capture over 25% of spot trading volume; the total market cap of privacy coins will exceed $100 billion; and the U.S. will see the launch of more than 50 spot altcoin ETFs and another 50 cryptocurrency ETFs.
