Please note that this article doesn’t present investment advice and serves for educational purposes only.
Wrapped cryptocurrencies are the solution for bringing the non-Ethereum cryptocurrencies (say, Bitcoin) to the Ethereum blockchain so that they can be swapped for other ERC20 tokens and generally participate in the Ethereum ecosystem activity, be it lending serves, liquidity pools, yield farming, staking, etc.
Wrapped cryptos are like stablecoins pegged to the value of cryptocurrencies that don’t comply with ERC20 standard as they can be exchanged for a base cryptocurrency at the 1:1 rate any moment.
This article tells about the Wrapped Bitcoin token and provides the WBTC price prediction for 2025, 2030, 2040, and other years.
What Is Wrapped Bitcoin (WBTC)?
Wrapped Bitcoin (WBTC) is an Ethereum-based token, a Bitcoin version compliant with an ERC20 standard and pegged to the Bitcoin (BTC) price at the 1:1 rate.
As the original Bitcoin is built on top of the Bitcoin blockchain, this crypto is effectively unsuitable for Ethereum crypto wallets like MetaMask and can’t be used on any Ethereum-based DeFi platform which is a serious disappointment considering how huge and important Bitcoin is for an entire crypto market.
Wrapped Bitcoin allows traders and investors to get advantage of the Bitcoin market movements within the Ethereum ecosystem. WBTC can be used for various ways of income generation, whether it is a lending service, decentralized exchange, yield farming, prediction market, and so on.
The peg is maintained automatically. The system monitors the amount of WBTC in circulation and adjusts the liquidity accordingly to maintain the correct WBTC price so that it will coincide with the BTC price all the time at any given moment.
Wrapped Bitcoin was created at the beginning of the DeFi era. The token was in the works since 2018 and hit the market in the following year.
Wrapped Bitcoin (WBTC) Price Prediction for 2024, 2025, 2027, 2030, 2035, 2040
As of December 16, 2024, the WBTC price is almost the same as the BTC price. WBTC is $104,098. The WBTC market cap is $14 billion. The token ranks 17th by this metric.
The table below displays the WBTC price predictions for the end of 2024, 2025, 2030, 2035, and 2040 years. On top of the price you may say the ROI in the right column. Under the table you can see a more detailed description of the forecasts for each year. The prediction is based on a mix of fundamental and tech analysis. Please note that we assume that the WBTC will keep its BTC peg.
| Year | Price Prediction | ROI of your investment (if you buy the coin now) |
| 2024 | $105,112 | 1% |
| 2025 | $312,051 | 200% |
| 2027 | $162,880 | 56.5% |
| 2030 | $3,257,600 | 3,029.3% |
| 2035 | $4,061,500 | 3,801.61% |
| 2040 | $69,045,500 | 66,227.4% |
2024
In the remainder of the year the WBTC price will continue fluctuating around the $100k mark. By the end of the year the price will reach around $105,112. However, in the last days of December, the price may gain more or drop below, before reaching $105k.
2025
As usually, the year that follows the halving year will see a huge rally. It especially makes sense considering the crypto-friendly regulations proposed by Trump and continuing inflow of institutional investors attracted by the Bitcoin ETFs. The year may see a several-fold increase in the BTC price. By the end of 2025, the WBTC will be traded at around $312k.
2027
The pre-halving year is usually a tough one. In 2026 and 2027 the WBTC price will drop significantly. It doesn’t mean, however, that Bitcoin will crash and drop below $100k or even $150k. By the end of 2027 the WBTC will be traded at $162,880.
2030
The 2028 Bitcoin halving is expected to trigger another huge crypto rally, impacting the prices of Bitcoin and various altcoins and tokens as well. The reason for this is pretty clear: mining reward drops by 50% while maintaining the same level of expenses. Miners have to raise prices to keep profitability of their operations. A strong crypto rally starts within 12–18 months after the halving event. By 2030, the impulse will start to fade away, however, the WBTC price will already be much higher than before the halving. By the end of 2030, the WBTC price will reach over $3.25 million.
2035
2035 will be another pre-halving year, meaning that the crypto winter will be two-years in by the end of 2035. The WBTC price will reach around $4 million by the end of the year.
2040
By the end of 2040, WBTC may reach nearly $70 million.
Wrapped Bitcoin (WBTC) Price Analysis for the Past Several Years
Below you can see the WBTC price milestones throughout the years. In the right column you may see the reasons behind the price shifts. It can help you to understand the WBTC price dynamics better. Considering the fact that WBTC is pegged to BTC, we will talk about the main BTC highlights and the reasons for the BTC price changes.
| Date | Price | Why the price dropped/rose to this level (what influenced the price change) |
| Feb 1, 2019 | $3,438.36 | WBTC appeared on the markets amidst the crypto winter of 2019. By September 2018 BTC saw a substantial price decline after the December 2017 peak. The reasons for this crisis were the inability of 97% of ICOs to fulfil their promises to investors and unfriendly crypto regulations |
| Mar 13, 2020 | $4,842.84 | The summer of 2019 saw a rise of interest in Bitcoin and the WBTC price started to grow, exceeding the $10k mark. However, the covid panic sale resulted in the strongest crypto downfall in history on March 13. On that day, WBTC dropped to $4,842.84 |
| Apr 15, 2021 | $63,491.11 | During the pandemic cryptocurrencies proved to be a sustainable asset. As the governments were providing people with stimulus payments, many decided to invest this money into cryptocurrencies. This led to quick recovery of the crypto market. The NFT boom was another driver of the crypto rally. Influencers like Elon Musk and big companies like Tesla were attracting more attention to cryptocurrencies (Tesla started to take payments in BTC). In April the WBTC price peaked at $63k |
| Nov 9, 2021 | $68.9k | The summer of 2021 saw the correction as Tesla stopped to support Bitcoin citing its environmental harm. One of the biggest thefts of crypto took place in August. These and other events caused the price drop. In July WBTC dropped below $30k. However, the important upgrades to Ethereum and Bitcoin blockchains, the first approved Bitcoin ETFs, and several other events sparked another rally by the end of the summer. On November 9, WBTC reached historical maximum at nearly $69,000 |
| Nov 10, 2022 | $15,687.07 | 2022 was a harsh year for the crypto market as it wiped out around $2 trillion in crypto due to price drops. There were two major negative events such as the shutdown of one of the largest crypto exchanges FTX and the downfall of the popular and ambitious Terra Luna stablecoin. On November 10 the WBTC price reached its bottom at $15,687.07 |
| Mar 14, 2024 | $72,806.2 | The SEC approved Bitcoin ETFs in early 2024 and it unleashed another short-term rally in March. WBTC peaked at $72,806.2 on March 14. When the price started to decline, it didn’t fall too much. Most of the time it was well above $50k or even above $60k |
| Dec 17, 2024 | $106,338 | The price started to grow steadily in September but November 5 saw a vertical ascending as Trump won the presidential election in the U.S. In December Trump confirmed he has plans to create the US strategic Bitcoin reserve. The WBTC price peaked at $107.8k on that day. On December 17, the WBTC price is $106,338 |
Q&A
Is WBTC a good investment?
We can’t give investment advice. Please conduct your own research on the subject.
What will be the WBTC price in 10 years?
In ten years (in 2035) the WBTC price may reach over $4 million.
Should you buy WBTC now?
As of December 2024, the WBTC price is on the rise. One may say it’s better to wait for a price drop. However, there is a chance that the WBTC price will only grow bigger in the near future. Please do your own research to make an informed decision.
Conclusion
Wrapped Bitcoin proved to be consistent in maintaining the same value as Bitcoin. WBTC token opens various opportunities for investors, traders, and merchants. There is a chance that in ten years from now the Wrapped Bitcoin price will exceed the $4,000,000 mark.