ARK Invest Projects $28 Trillion Crypto Market by 2030 Driven by Bitcoin
- Bitcoin could reach a price of $950,000 to $1 million by 2030, according to ARK Invest.
- The overall cryptocurrency market is expected to grow at a compound annual growth rate (CAGR) of 61% to reach $28 trillion.
- Bitcoin is projected to account for approximately 70% of the total market value.
- By the end of the decade, around 20.5 million Bitcoin (BTC) are anticipated to be mined.
- Smart contract platforms like Ethereum and Solana could grow at a CAGR of about 54%, reaching $6 trillion.
- Tokenized real-world assets (RWAs) are expected to hit $11 trillion by the same year, driven by regulatory clarity and infrastructure improvements.
The analysis emphasizes that increasing adoption of DeFi, stablecoins, and tokenization will significantly influence market growth. Institutional interest in Bitcoin is also rising, as evidenced by its share in total supply growing from 8.7% to 12% between now and 2025.
With Bitcoin’s potential price nearing $1 million and an expanding market capitalization fueled by institutional investment, ARK’s projections highlight significant trends in digital assets’ future. (Source)