Chainlink co-founder Sergey Nazarov believes the crypto industry is still in its early stages and poised for significant growth. He predicts the total market cap could quadruple to over $10 trillion.
Traditional Finance to Drive Growth
Nazarov believes the traditional finance industry is key to unlocking the crypto market’s full potential. He says that once institutions like BlackRock start investing in crypto and putting their assets on-chain, the market cap could soar into the hundreds of trillions of dollars.
Legacy Asset Managers Show Interest
The interest shown by legacy asset managers in crypto is a positive sign, according to Nazarov. He says that at $2.5 trillion, the market is large enough to justify significant investments from these institutions.
Growth Potential Remains
Nazarov believes that the crypto market still has significant room for growth. He says that the market has the potential to multiply several times over its current size.
Disclaimer: This information is not intended as investment advice. Investors should conduct their own research before making any investment decisions.
/p>
