Hoskinson Predicts Crypto Growth to $10 Trillion Via RWA Revolution

Key Points:

  • Charles Hoskinson, founder of Cardano, predicts significant growth for the crypto industry, aiming for 2 billion users and a $10 trillion market valuation by 2035.
  • The current crypto user base is over 500 million, with a total market value in the trillions, led by major cryptocurrencies like Bitcoin.
  • Real-world asset tokenization (RWA) is seen as a major driver of this growth, with $20 billion worth of assets already tokenized.
  • Hoskinson envisions a “unified financial market,” integrating global payment systems and blockchain standards.
  • Privacy-focused projects like Midnight are important to balance compliance and privacy, potentially attracting institutional capital.
  • Despite optimism, Cardano's ADA faces market pressure, with selling pressure and low buying volume keeping it below key resistance levels.
  • Hoskinson advocates for collaboration among different networks, emphasizing shared growth rather than competition.

The future of crypto may hinge on RWAs moving on-chain and the integration of global finance with crypto systems, which could make a $10 trillion industry feasible.