Cryptocurrency Forecast to 2030

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Twelve years after the creation of bitcoin, digital coins have become mainstream. During this time, cryptocurrencies have bridged the gap between complete rejection and government regulation. In 2023, major funds and corporations are investing in the new asset class. Leading experts make entertaining predictions about cryptocurrencies through 2030 and beyond. Some say bitcoin will move to the background. Others claim that some types of coins will disappear from the market.

What is the forecast for cryptocurrencies until 2030

Former Goldman Sachs manager Raul Pal believes: by the end of this decade, the market of digital coins will grow 100 times and will amount to $250 trillion.

The expert compared other asset classes, noting that they all have a market capitalization of $250-300 trillion. Digital coins will reach the same figures when 3.5 billion people use them. According to Pala, this will happen by 2030.

However, he does not believe that BTC will be stable enough to be used for everyday purchases.

Brian Armstrong, head of the Coinbase exchange, also predicts rapid growth of the target audience. His forecast for cryptocurrencies until 2030 is at least 1 billion active users. Armstrong is betting on one specific highly scalable and productive blockchain that will attract the most participants Such a product can be created by a promising startup or one of the central banks of developing countries.

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In general, experts name several factors that will ensure the growth of interest in digital currencies:

Inexpensive and fast money transfers. In 2020, an unknown user (presumably the Bittrex exchange) paid a $0.6 fee to send 49,922 BTC ($460 million). As awareness of crypto-coins grows, the share of digital money transfers will increase dramatically.
Instability of global currencies. Economic indicators are declining amidst general political uncertainty. Bitcoin becomes the strongest competitor for other means of payment due to its high liquidity, ease of transportation and growth dynamics.
Development of mobile communications. According to calculations of the World Economic Forum, already in 2023 90% of the planet’s inhabitants will use smartphones. Digital coins will be able to participate in 50% of transactions worldwide.

Cryptocurrency Forecast to 2030 — Cryptocurrency market capitalization in 2021-2022.

Blockchain popularity

Most experts agree: in less than 10 years, decentralized technology will be used everywhere. According to the head of Nuggets, by 2030 blockchain will completely replace intermediaries in all industries.

A.Invest has calculated in detail:

At least 30% of global businesses will abandon traditional contracts in favor of smart contracts.
More than 70% of computer games will be transferred to blockchain.
Major auction houses focused on digital art will emerge.
Individual states will conduct elections using smart contracts.
Anyone will be able to get financial services on blockchain platforms.
State regulators will start issuing licenses to companies that launch such services.

Nick Cowan, head of Gibraltar Stock Exchange, is convinced that decentralized technologies will replace the outdated infrastructure of traditional finance. In particular, blockchain will bring new solutions to trading and stock trading. Prometheum CEO Aaron Kaplan claims that by 2030, a global securities market will be formed on a decentralized basis.

The disappearance of utilitarian tokens

In 2017, the ICO boom brought crypto startups about $6 billion. In 2018, projects raised $9.29 billion. Only a few of them turned out to be viable. The growing popularity of cryptocurrency crowdfunding has forced regulators to quickly formulate an official stance on trading in utility and security tokens.

The U.S. Securities and Markets Commission (SEC) determined that if buyers are offered an asset that is expected to increase in value and that profit can be captured by selling it on the secondary market, it is a tokenized security. A utility token is used solely to access a product. Unlike a security asset, it does not entitle you to a share of the company’s profits.

Some analysts argued back in 2018 that decentralized applications do not need their own tokens. Buying a cryptocurrency is no different from investing in a regular company. In 2021, this view was expressed by Securitize director Carlos Domingo. He noted that in the next few years, sales of utilitarian tokens within ICOs and IEOs will decline and by 2030 will completely stop. However, the market of digital analogs of securities is waiting for a real boom.

Altcoin market

According to iFour Technolab business consultant Nidhi Joshi, virtual coins will completely replace traditional banknotes, and world governments will start issuing national cryptocurrencies.

The co-founder of the trading service LocalMonero under the nickname Alex believes that Bitcoin will move to the background, giving primacy to more anonymous coins.

Many experts disagree with him. For example, the founders of the exchange Gemini brothers Winklevoss claim: BTC has the potential to grow to $500 thousand by 2030. In Coin Price Forecast expects that the first digital coin will reach $1.7 million. The table shows the forecast on cryptocurrencies to 2030 from the analysts of the company.

In 2023, a number of states are developing their own digital currency. National projects were announced by Russia, China, UAE and other countries.

According to the forecast of the European think tank, cryptocurrencies of central banks will appear by 2030. The first to come out will be digital versions of the yuan, dollar and euro.

How much bitcoin will be worth by 2030

Snapchat’s first investor Jeremy Lew, as well as Blockchain’s Peter Smith, argue that bitcoin is far from its true potential. Their forecast is $500k per BTC by 2030. Eric Benz, head of the Changelly exchange service, has the same expectations.

Crypto Research Report suggested that Bitcoin in 2030 will cost $397 thousand. The founder of Morgan Creek Mark Yusko believes that the price of the main cryptocurrency will grow to $400 thousand.

Summary

At the end of 2019, Deutsche analysts published a study in which they stated: by 2030 digital currencies will be able to replace fiat money. But there are factors that are holding back the active introduction of new assets:

Lack of government regulation.
Problems with energy supply and internet.
Volatility of crypto coins.

In 2021, many countries are closely studying the possibilities of cryptocurrencies. Some of them are already considering options to launch their own digital coin. According to analysts, the next 9 years will bring key changes in all areas of life. The introduction of blockchain will improve traditional mechanisms. Crypto-enthusiasts are waiting for the full adoption of digital currencies. Investors expect high returns from medium-term investments.