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How soon will Bitcoin, Ethereum and other major cryptocurrencies hit the $1 trillion mark?

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Key Points

  • Bitcoin, Ethereum, and other major cryptocurrencies could hit the $1 trillion mark in the next few years.
  • Bitcoin, with an average annual growth rate of 159%, could return to the trilliondollar mark as soon as early 2023.
  • Ethereum, with an average annual growth rate of 308%, is also projected to become a trilliondollar asset around the same time.
  • BNB and Cardano, with average annual growth rates of 615% and 423% respectively, are forecast to hit a $1 trillion dollar market cap by in 2024.
  • Ripples XRP, currently the subject of a Securities and Exchange Commission (SEC) lawsuit, has an average annual growth rate of 88%, putting it at the $1 trillion level by the end of 2028.
  • The cryptocurrency with the highest average annual growth rate is Fantom at just over 5,000%, with a market cap of $9 million in 2019, its on track to hit the trilliondollar mark in 2024.
  • Among crypto companies, Mike Novogratz‘s Galaxy Digital Holdings could be the first crypto company to hit the trilliondollar mark, predicted to reach it in 2026, based on an annual growth rate of 488%.
  • Jack Dorsey‘s Block, formerly Square, could be close behind, potentially hitting the trilliondollar level in 2029.
Capture How soon will Bitcoin, Ethereum and other major cryptocurrencies hit the $1 trillion mark?
How soon will Bitcoin, Ethereum and other major cryptocurrencies hit the $1 trillion mark? 3

According to research from digital asset industry review and analysis website Crypto Head, Bitcoin, with an average annual growth rate of 159%, could return to the trilliondollar mark as early as early 2023. Ethereum, with an average annual growth rate of 308%, is also projected to become a trilliondollar asset around the same time.

Ethereum rivals BNB and cardano, with average annual growth rates of 615% and 423% respectively, are forecast to hit a $1 trillion dollar market cap by in 2024. Ripples XRP, currently the subject of a Securities and Exchange Commission (SEC) lawsuit, has an average annual growth rate of 88%, putting it at the $1 trillion level by the end of 2028.

The cryptocurrency with the highest average annual growth rate is fantom at just over 5,000%, with a market cap of $9 million in 2019, its on track to hit the trilliondollar mark in 2024. Among crypto companies, Mike Novogratz‘s Galaxy Digital Holdings could be the first crypto company to hit the trilliondollar mark, predicted to reach it in 2026, based on an annual growth rate of 488%. Jack Dorsey‘s Block, formerly Square, could be close behind, potentially hitting the trilliondollar level in 2029.

It is difficult to predict the future of cryptocurrencies, but they have the potential to reach very high prices. Bitcoin, Ethereum, and other major cryptocurrencies could hit the $1 trillion mark if they continue to grow at their current rates. Companies like Galaxy Digital Holdings and Block could also reach trilliondollar market caps in the next few years. However, the shortterm outlook is uncertain due to the volatile nature of the market.

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