As Trump won the White House and Republicans took control of the Senate, the crypto market cap rose to $2.84 trillion, according to DLNews. Standard Chartered predicts that Republican policies could push the market to $10 trillion by 2026. The forecast is based on Republicans potentially pushing for stablecoin regulation, repealing SEC restrictions on crypto custody, and considering federal BTC reserves. Although a BTC reserve fund is seen as a low-probability event, if the U.S. government retains its BTC holdings, it could have a significant impact on prices.
Geoff Kendrick of Standard Chartered said that regulatory changes in 2025 and 2026 will further legitimize the digital asset industry and promote the emergence of new assets. It is expected that the market value of stablecoins will reach 1 trillion US dollars, the price of BTC will reach 200,000 US dollars by the end of 2025, and ETH will rise to 10,000 US dollars.
However, Kendrick expects BTC market share to drop from the current 60% to around 40% by 2026, and SOL value could increase fivefold by the end of next year.