Chartered standard predicts a four-fold increase in the market capitalization of digital assets, reaching $10 trillion by the US midterm elections in late 2026.
What happened: According to a new note from Geoffrey Kendrickhead of research at Standard Chartered, these growth forecasts are based on anticipated regulatory changes following a projected Republican victory in the recent election cycle, which could lead to widespread adoption and real-world use cases of digital assets.
“To me, the Trump-public sweep means that digital assets are finally going to come of age,” Kendrick commented, expressing confidence that favorable regulatory policies will drive adoption across the asset class . He added: “I expect the entire asset class to grow 4x by the US midterm elections in late 2026.”
Standard Chartered highlights several factors contributing to this growth projection.
These include potential regulatory changes, such as the repeal of SAB 121 and pro-stablecoin regulations, which the bank says could be enacted soon after the new administration takes office in January 2025.
Additionally, Standard Chartered expects the SEC to take a softer regulatory stance on digital assets, paving the way for mainstream use.
Also Read: “The Party Is Back”: Chainlink Co-Founder Predicts Major Crypto Growth Under President Trump
The report also suggests that assets closely tied to practical end-use cases, such as Solana SOL/USDthat the bank hopes to outperform Bitcoin BTC/USDAnd Ethereum ETH/USD– are likely to experience the most significant growth.
Kendrick sees strong growth potential in sectors such as gaming, tokenization and emerging areas such as decentralized physical infrastructure (DePIN) and consumer social services, which he says are still in the early stages of development .
Additionally, although Standard Chartered considers a US Bitcoin hoarding a low-probability event, it notes that the move could have a significant impact on the digital asset market if implemented.
Kendrick points out that the regulatory clarity and adoption policies expected from a Trump administration could improve the entire asset class, creating an environment for digital assets to become mainstream.
Standard Chartered reiterates its price targets for Bitcoin at $200,000 and Ethereum at $10,000 for the end of 2025, driven by policy expectations from a Republican-led administration.
And then: These insights into the potential trajectory of digital assets and the broader regulatory landscape will be explored in more detail at Benzinga’s Future of Digital Assets event on November 19, where industry leaders will discuss the future of crypto- currencies in the context of expected regulatory changes.
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