Crypto Market Cap Could Balloon to $10T by 2026 Under Trump Administration: Standard Chartered
Summary
A Republican sweep could enable policies favorable to the digital assets sector, potentially increasing the total crypto market cap to $10 trillion by 2026, according to Standard Chartered. Anticipated regulatory changes and shifts at the SEC may lead to a more supportive stance on digital assets. The bank predicts a fourfold growth in the crypto market cap from its current $2.5 trillion. Bitcoin and ether are expected to reach $200,000 and $10,000 respectively by 2025, with solana likely outperforming them. The formation of a bitcoin reserve is considered a low-probability, high-impact event.
