The crypto market cap will rise to a staggering $25-trillion by 2030, according to Fininterest.com, which says the recent meltdown didn’t signal a defeat – instead, it catalysed a resilient rally.
“Everything looks positive for cryptocurrency, the pipeline is up and structures are working,” says Nellius Mukuhi, crypto expert at Fininterest.com. “Leveraging on ETF is a great plus and, soon, everyone will want to invest in the space. The crypto market is waking up from the recent meltdown and will sustain the upward trajectory. Although today’s market cap is only $1,45-trillion, I am confident it will hit $25-trillion by 2030.”
The bullish sentiments on the crypto markets’ future are due to several reasons, says Mukuhi.
Institutional investments in cryptocurrency are gaining momentum daily. Mainstream financial corporations and entities are investing in crypto and incorporating blockchain technology. These investments have boosted market confidence and investors are not holding back. The influx of investors is an indicator that the market cap will grow.