Cryptocurrencies have seen their biggest boom since the beginning of 2021. With established investors turning to cryptocurrencies for potential investments, it has soared to mythic heights in price and market capitalization.
Predicting the crypto market is a complicated task. But after the recent market crash, cryptocurrencies are laying the groundwork for the second bull market in history. Investors are eyeing several cryptocurrencies to add diversity to their portfolios to enable healthy returns in the coming years.
Ask any crypto investor and they'll tell you the key to generating significant wealth in the crypto market isn't being right often, but rather being very right on a handful of crypto assets. Having the foresight to identify game-changing cryptocurrencies , and staying firm on your conviction over many years is one of the easiest ways to gain your financial freedom.
The big question is: Which crypto assets have what it takes to eventually enter the $1 trillion valuation club?
Rather than take the easy road and select cryptocurrencies that are already halfway to reaching $1 trillion, we decided to look for true crypto assets with market caps below $100 billion, apart from Ethereum, that could grow to a $1 trillion market value. All four of the following cryptocurrencies have a real shot at becoming trillion-dollar digital assets by 2030.
Cryptocurrencies That Could Be Worth $1 Trillion by 2030
We have done the heavy-lifting here, listing 4 cryptocurrencies that could be worth $1 Trillion in 10 years or less.
1. Ethereum (ETH): Current Market Cap - $323,006,349,249
ETH, the second-largest cryptocurrency, had a recent drop in its price in the latest market crash. Ether fell below $1,800 on 23 May for the first time since 31 March, from its all-time high of $4,362 on 12 May. But with its new updates and increasing institutional interest, Ethereum is slowly bouncing back to initiate its second bull run.
The Ethereum ecosystem is the first go-to platform for developers launching decentralized finance (DeFi) applications and non-fungible tokens (NFTs). Ether, its utility token, works as the fuel for running commands on the Ethereum network. It is also used to build and run applications on the platform.
With the network in the middle of a significant upgrade, the Ethereum 2.0, crypto analysts expect that ETH price will rebound and advance to fresh highs. ETH 2.0 will change the way transactions are verified, and fees are charged in the network.
Further, as a part of the upgrade to ETH 2.0, the Ethereum Improvement Protocol (EIP) 1559 is also scheduled to launch on 14 July. It will make drastic changes in how Ethereum charges transaction fees, popularly known as gas prices. By switching its current auction mechanism, which results in high gas prices, the upgrade will bring out a more advanced and affordable network for users.
However, various crypto analysts and experts have speculated that Ethereum is one of the cryptocurrencies that could exceed $1Trillion and reach above $3 Trillion in 2030. It could be trading as high as $100,000 per token.
Moreover, the ETH 2.0 implementation will open up new opportunities by making the technology and the cryptocurrency more attractive.
Read More: 26 Reasons Why You Should Invest in Ethereum Today
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
2. Ripple (XRP): Current Market Capitalization: $47,411,124,620
Ripple XRP is one of the more popular cryptocurrencies that does not market itself on its decentralization. Unlike Bitcoin or Ethereum, it is closely aligned with several financial institutions and banks around the globe.
Ripple XRP does not entirely disrupt traditional financial institutions. Instead, it was designed to make the payment process easier and advanced for those very centralized financial bodies by working together with them.
Cross-border payments can be much slower and higher in transaction fees with traditional banks or any other organizations. Ripple tackles this issue by avoiding the sky-high transition fee and unfavorable exchange rates. By deploying XRP, payments can be much cost-effective, faster, and easier for users.
Ripple validates transactions in an entirely different way. Instead of mining, it uses a consensus ledger and a series of approved network servers to validate transactions. This is why XRP transactions are much quicker and considerably less resource-intensive compared to others like Bitcoin.
Ripple is one of the cryptocurrencies that could be worth $1 Trillion in 2030 because of its robust business model and its increasing partnerships with established banks and financial organizations worldwide.
Analysts predict that Ripple could hit a new record of $4 and signaling a new chapter for the crypto if it can win the SEC lawsuit.
Check Out: 23 Reasons Why You Should Invest in Ripple XRP Today
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
3. Binance Coin (BNB): Current Market Capitalization: $58,824,814,646
2021 has been a tremendous year for Binance Coin. It kicked off the year at a price of approximately $34.6, and with a whopping surge, it reached a new all-time high of $599.27 on 13 April 2021. It currently sits at $383.39 as of writing.
BNB, the native token, is used to fuel transactions on the Binance Chain, make payments for products and services, and pay transaction fees on the exchange. Therefore holding BNB on the Binance exchange offers users multiple discounts on their trading fees.
Binance Coin will see a considerable rise, probably hitting $1 Trillion by 2030, as per predictions. This is because it aims to provide infrastructure services for developers across the decentralized finance (DeFi), non-fungible tokens (NFTs), and gaming verticals - the most booming sectors in the market.
Along with taking advantage of the fast trading performance on its decentralized exchange, the Binance Chain and Binance Smart Chain structure also enable developers to build their own dApps on the BSC.
By enabling smart contracts and staking mechanisms for BNB, the Binance Smart Chain will enhance the performance network and the expansion of the Binance ecosystem.
Further, Binance is going to launch an NFT marketplace and trading platform in June 2021 that aims to support small creators with lesser transaction fees. Predictions say the BNB could exceed the price of $10,000 in 2030 if it continues to keep its developments active.
Don't Miss: Will Binance Coin Reach $1,000?
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
4. Uniswap (UNI): Current Market Capitalization: $16,693,618,676
Uniswap is relatively a new yet highly successful cryptocurrency built on the Ethereum blockchain. UNI, the native token of Uniswap, doubled its value within two days of its launch, which attracted a great deal of attention from crypto investors worldwide.
The Uniswap exchange is one the largest decentralized exchanges (DEX) in the world. It allows buyers and sellers to trade cryptocurrencies in a completely decentralized environment. The UNI token is also a governance token that allows its users voting rights and the opportunity to participate in fundamental development decisions.
The key feature of Uniswap is its high liquidity pools. The network participants are rewarded for staking their crypto holdings to a liquidity pool. These pools are the repositories where currencies are made available to support business operations. Also, users who contribute to the pool are rewarded with a fair share of trading fees proportional to the amount they have contributed.
Further, DeFi is expected to see massive growth, increasing the demand and value for DeFi focused tokens like Uniswap. The V3 upgrade is packed with several benefits like concentrated liquidity, offering liquidity providers more control over the price ranges their capital is allocated to, and multiple fee tiers.
Moreover, with the launch of the Uniswap V3 upgrade, analysts predict that Uniswap UNI price is going to soar higher, and it could be worth $1 Trillion by 2030.
Read Also: WIll Uniswap Make Me Rich?
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
The Bottomline
The massive success of the cryptocurrency sector in 2021 has attracted several investors and institutions, leading to mass adoption. There are numerous altcoins with cutting-edge technology and high future potential.
While long-term prediction is a tough job as the crypto market is highly volatile, the mentioned 4 cryptocurrencies could be worth $1 Trillion by 2030, and there are quite a few reasons for investors to be optimistic about it.
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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
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