ETH to hit $20-trillion market cap by 2030: Ark Invest

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If you think you’ve made big gains now, just wait a decade. ARKInvest’s new report predicts Ether’s market cap will reach $20 trillion and Bitcoin’s price will exceed $1 million by 2030.

“Decentralized Finance promises more interoperability, transparency, and financial services while minimizing intermediary fees and counterparty risk.”

What’s more, DeFi is a lot more efficient, too. Ark estimated that DeFi outperformed traditional finance over the last 12 months in terms of revenue per employee from $88 million to $8 million. By 2030, the firm expects Bitcoin to account for 50% of global remittances at 1.5x velocity, 10% of emerging markets’ currency, 25% of United States bank settlement volumes, 1% of nation-state treasuries worldwide, 5% of global high-net-worth individual wealth, 2.55% of institutional asset base, 5% of the cash from S&P 500 companies, and 50% of gold’s total market cap.

 

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ARKInvest And ArkInvest is completely objective and neutral with no vested interest whatsoever.

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