Crypto to reach one billion users in 2030 | Cryptocurrency

It is a common belief among people outside the crypto community that they look at the prices of bitcoin (BTC) and conclude that it is too late to get into crypto. However, the report shows that the industry is still at the beginning of the adoption curve.

In a joint report published by Boston Consulting Group, Bitget and Foresight Ventures, data shows that cryptocurrency adoption is still very low compared to traditional investment assets. According to BCG, only 0.3% of personal capital is invested in cryptocurrencies, which is not comparable to 25% invested in stocks.

The report concludes that low investment penetration indicates that there is still plenty of room for more substantial growth and adoption in the cryptocurrency industry.

Separately, the report compares the Internet adoption curve to reach 1 billion users with current cryptocurrency holders and Ethereum addresses with non-zero balances. The report mentions that “significant growth is ahead.”

Boston Consulting Group, Bitget and Foresight Ventures.

Comparing the data, the researchers predicted that the number of crypto users could reach 1 billion by 2030 if the trend line continues its momentum.

A recent market report from consulting firm Verified Market Research predicts that the value of the non-fungible token (NFT) industry could reach $231 billion in 10 years. According to the report, the sector’s compound annual growth rate could reach 33.7%, with music, film and sports as drivers.

On the other hand, a McKinsey & Company report indicated that the metaverse alone could be valued at $5 trillion in 2030. An international consulting firm conducted a survey of consumers and businesses across countries and industries to identify patterns of consumer behavior. According to his findings, e-commerce will drive cash flow in the metaverse, generating up to $2.6 trillion in revenue by 2030.

Back to top button

Adblock Detected

Please consider supporting us by disabling your ad blocker.