Bernstein: Crypto Market Cap Will Reach $7.5T Next Year

According to analysts at Bernstein, the value of the entire cryptocurrency market could triple to $7.5 trillion by the end of 2025. This significant growth is anticipated to be driven by increased institutional adoption of crypto, a trend that has never been seen before.

The analysts, Gautam Chhugani and Mahika Sapra, predict that the leading digital assets, such as Bitcoin, Ethereum, and other popular blockchains like Solana and Avax, will contribute to this growth, with a total market cap of $7.5 trillion by 2025.

The analysts also believe that blockchain gaming will be the primary consumer-driven application of cryptocurrency.

Chhugani and Sapra also foresee the success of new US bitcoin exchange-traded funds, with assets under management expected to grow five times to $300 billion by 2025, from the current $60 billion.