Cryptocurrency Market Cap Could Reach Approximately 1.5 Quadrillion Yen by 2034, Says Former GS Executive

Raoul Pal, CEO of financial firm Real Vision and former executive at Goldman Sachs, disclosed on August 31 that cryptocurrencies are being adopted at about twice the rate of the internet, according to data shared on platform X.

He also posted forecasts suggesting that the number of cryptocurrency users could reach 4 billion by 2030. Additionally, he revealed analysis indicating that the total market capitalization of cryptocurrencies, currently around 4 trillion USD (approximately 588 trillion yen), could soar to 100 trillion USD (approximately 1.5 quadrillion yen) between 2032 and 2034.

The images posted by Mr. Pal, derived from his research firm Global Macro Investor, underscore the robust growth trajectory anticipated for the digital asset sector...