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Framework Ventures

A thesis-driven crypto venture firm that builds alongside our founders.

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Predictions

Framework Ventures predicts a highly bullish 2025.

Macro

  • S&P 500 to reach 7500
  • Inflation expected between 2.5-3.3%
  • Trump presidency to drive significant market growth, similar to 2017 and 2020 patterns
  • Return of entrepreneurs and companies to the United States, 20% opening offices in NY/SF

Crypto Markets

Bitcoin and ETFs

  • Combined Bitcoin and Ethereum ETF inflows to reach $1 billion per day by H2 2025
  • ETH staking ETFs to launch, driving significant institutional adoption
  • Total stablecoin market cap to reach 500 billion

DeFi and Infrastructure

  • DeFi to generate $10 billion in aggregate fees, up from current ~$2 billion
  • More protocols to activate fee switches
  • Return of ICO/crowd sale mechanisms, with at least 5 major protocols raising capital this way
  • Market structure bill to pass in H2 2025, providing clear regulatory framework

Layer 1 Ecosystems

  • Solana to shift focus from meme coins to institutional adoption
  • New L1s like Bear Chain and Monad to gain significant traction
  • Purpose-built chains for DeFi to emerge as a winning architecture

AI Predictions

  • ChatGPT daily active users to triple to approximately 500 million
  • OpenAI likely to consider IPO in 2025/2026
  • AI to remain a dominant narrative in crypto markets
  • Intersection of AI and gaming to drive next wave of meme coins

Cultural and Industry

  • Break of the traditional 4-year crypto cycle
  • Traditional venture capital under $1B fund size to struggle with AI investments
  • Return of growth equity but at more reasonable valuations than 2021
  • TikTok to become increasingly important for retail crypto adoption
  • Crypto to emerge as one of the top two tech industries in the US with clear regulatory protection

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