Standard Chartered Bank Gives Optimistic Forecast for the Next 2 Years

Standard Chartered is confident that by the end of 2026 we will see the crypto market grow by about 300%, which should ultimately lead to a capitalization of $10 trillion.

Currently, the cryptocurrency market is valued at $2.7 trillion. If the Republican Party gains control in both houses of Congress, this could significantly speed up the process of integrating cryptocurrencies into the legal system of the United States of America.

Standard Chartered predicts that the Republicans may win, which will lead to growth in the digital asset market due to increased funding for projects in the NFT and DeFi areas. Interest in the gaming industry is also expected to increase.

The first step for the White House could be the legalization of stablecoins, which will accelerate the implementation of other cryptocurrencies in the financial systems of the United States and around the world.

The bank confirms its forecast: by the end of 2025, the cost of Bitcoin may reach $200 thousand, and Ethereum - $10 thousand. However, this is only possible if the Republicans gain control of Congress.