CryptoQuant: Bitcoin will reach global adoption by 2030

By 2030, bitcoin BTC $90,930.04 Bitcoin -0.35% Market capitalization $1.8 trillion VOL. 24 hours $2.12 billion may become a global currency, according to CryptoQuant CEO Ki Yun Ju. The expert believes that the cryptocurrency will become closer to the vision of its creator Сатоші Накамото" href="https://noworries.news/biography/satoshi-nakamoto/" data-bio-id="4232">Satoshi Nakamoto, which was to create a peer-to-peer monetary system(a decentralized payment system where participants can make transactions without intermediaries such as banks — ed.) This development is due to the growing complexity of mining, which has increased by 378% over the past three years.

Increased complexity of mining creates barriers for new players and stimulates the dominance of large institutional investors in this area. This, according to Kee Yoon Ju, reduces the volatility of bitcoin, making it more attractive as an investment asset. With the approach of the 2028 halving, the potential of the market flagship as a stable asset will only grow.

The forecast also relies on the development of the cryptocurrency ecosystem, including the popularization of stablecoins and the improvement of protocols for more convenient use of wallets. The development of second-level solutions (L2) and «wrapped BTC» will contribute to the wider adoption of bitcoin. Besides, large companies are already entering the stablecoin market, which will help create the necessary regulatory framework in the next three years.

Ki Yun Ju is confident that the implementation of this concept will bring bitcoin closer to the status of global money, not just «digital gold.»