As known Bitcoin, Ethereum and altcoins After breaking records last year, they exhibited sharp declines.
In a new crypto market price research, it was questioned when the major cryptocurrencies would exceed the $1 trillion threshold in market value if they continued to grow at their average annual growth rate.
Bitcoin May Exceed $1 Trillion Market Cap Again By Early 2023
According to the digital asset industry review and analysis company Crypto Head data, Bitcoin, which has an average annual growth rate of 159%, will reach a trillion dollar market value in early 2023.
The research company did not include cryptocurrencies such as Solana, which appeared after January 1, 2019 and had very high growth rates, in its report.
Ethereum, which has an average annual growth rate of 308%, may reach $1 trillion in early 2023, similar to Bitcoin, according to these data.
What’s Up With BNB, Cardano, XRP and FTM?
Ethereum rivals BNB and Cardano are expected to reach a market capitalization of $1 trillion in 2024, with annual growth rates of 615% and 423%, respectively.
When the analysis company’s other data is analyzed, it is seen that the one who is currently in trouble due to his lawsuit with the SEC. Ripple’s (XRP) It is thought that the time to reach a market value of 1 trillion dollars with an annual average growth rate of 88% may reach 2028.
According to company data, it is at the top with an average annual growth rate of 5,000%. Phantom (FTM) It was stated that it could exceed the trillion dollar threshold in 2024.
*Not investment advice.