By 2050, the price of the leading cryptocurrency could reach $2.9 million, according to analysts from the investment firm VanEck.
Experts have termed this figure as the base scenario, which could materialize if Bitcoin becomes a currency for international settlements and is included in central bank reserves.
The report’s authors suggest that:
- the asset’s share in global finance will reach 1.66%;
- central banks will allocate 2.5% of their reserves to cryptocurrency;
- the average annual growth rate of quotes will be 15%.
Analysts Matthew Sigel and Patrick Bush view Bitcoin not as a speculative tool, but as a long-term hedge against debt crises and the devaluation of fiat currencies. They cite the expansion of global liquidity and the easing of monetary policy as key growth drivers.
They cite the expansion of global liquidity and the easing of monetary policy as key growth drivers.
The company outlined three scenarios for future developments:
- Base scenario: assumes Bitcoin will capture 5–10% of the international payments market, comparable to the British pound’s position (7.38% according to SWIFT). For comparison, the US dollar currently leads with 47.79%, followed by the euro at 22.77%, with the yen and yuan trailing.
- Bearish scenario: price at $130,000 (with annual growth of 2%).
- Bullish scenario: price at $52.4 million (with growth rates of 20% per year).
The main obstacle to widespread adoption remains network scalability. Analysts emphasized the importance of developing second-layer solutions, which will speed up transactions and reduce fees.
Back in April 2024, VanEck experts predicted the market capitalization of L2 tokens on Ethereum to reach $1 trillion by 2030.
