crypto market m-cap: Can crypto mart’s m-cap zoom 100 times by 2030? Here’s what experts say

New Delhi: In a recent podcast, Raul Pal, former hedge fund manager at Goldman Sachs and CEO of Real Vision, suggested that the global cryptocurrency market cap could increase 100 times by the end of this decade.

Ball said that number could grow to about $250 trillion from $2 to $2.1 trillion as of today if crypto-network adoption models continue on their current path.

If that happens, cryptocurrency will become the asset class to register the fastest growth in the shortest period of time. Other asset classes, such as stocks, bonds, and real estate, have a market value of between $250 trillion to $350 trillion.

In support of his argument, Ball said that if the cryptocurrency user base reached 3.5 billion by 2030, the market capitalization would reach about $250 trillion.

This theory is possible, based on a lot of things going wrong in the industry, said Vikram Suburaj, co-founder and CEO of Giottus Cryptocurrency Exchange. “This will require support from most governments and higher institutions.”

He added that cryptocurrency could grow in adoption and become a part of billions of lives as every transaction, including payments, takes place through blockchain technology.

Edul Patel, CEO and co-founder of Mudrex, said he wouldn’t be surprised if this unfathomable number turned out to be a reality.

He added, “Cryptocurrencies with multiple use cases are gaining massive adoption and evolving exponentially. The significant rise from current levels should not be surprising given the rapid rise in institutional investments in cryptocurrencies over the past few years.”

However, no asset class can rise in a linear trajectory. The market capitalization of the digital asset class is at 20-25 percent from an all-time high and is barely settling above the $2 trillion mark.

Market experts believe that cryptocurrency adoption could rise dramatically, as the asset class is likely to generate better returns over the next 10 years than gold and stocks.

“Cryptocurrencies and blockchain have the potential to simplify many industries ranging from financial services and supply chain management to the media industry,” Patel said.

The industry is expected to become an alternative asset class that each investor considers part of their portfolio and to allocate an increasing stake to, as Subrage suggested, more modest and fundamental.

However, industry trackers said that investors should choose fundamentally sound coins and not just follow the latest trends.

Patel warned that many of today’s coins may not be around by the end of the decade. In support of the new age asset class, he said crypto adds much-needed diversification and alpha-generating potential to any wallet.