The total number of crypto users could reach 4 billion by 2030, according to Raoul Pal, founder and CEO of financial platforms and Real Vision and Global Macro Investor education platforms.
In a post X on Sunday, PAL shared data comparing the adoption rate of crypto users to Internet users after each innovation has reached 5 million users.
PAL did this by examining the number of cryptographic portfolios compared to the number of IP addresses.
According to PAL, the total crypto user base has increased by 137% per year in nine years and reached 659 million users by the end of 2024. In comparison, the total number of Internet users reached 187 million by the end of 2000, at an annual growth rate of 76%.
PAL predicts that the number of crypto users will increase by 43% moderate next year, reaching 1 billion crypto users by 2030, or an eighth of the world’s population.
Capitalization market of 100 billions of dollars
PAL’s bullish forecasts also provide for the crypto market capitalization could cross the 100 billions of dollars over the next decade and be reached in 2032.
The discharge and adoption would probably be the main catalysts of this growth, according to PAL.
“The discharge explains 90% of the price action (adoption explains 100% of outperformance vs debasement),” said PAL.
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The community hits the brakes on the bullish grip of pal
Some comments on Pal’s X Post, however, suggest that PAL could overestimate things.
An X user said that portfolios are not a reliable source of growth, another suggesting that a founder of a cryptographic project could simply open “10,000 wallets and diffusion parts to give the impression that he has a community”.
Another user has stressed that they create a new portfolio every six months and have been doing it for four years.
However, PAL replied, arguing that everyone also has several IP addresses.
According to the B2B Triple-A digital currency platform, there were more than 560 million crypto users by the end of 2024.
Meanwhile, an October 2024 report of the crypto division of Andreessen Horowitz indicates about 30 to 60 million real crypto users.
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