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Cryptocurrency Market Will More Than Triple by 2030: Study
The report by Allied Market Research projects a compound annual growth rate of 12.8% from 2021 to 2030.
Updated Sep 14, 2021, 1:44 p.m. Published Aug 25, 2021, 9:48 a.m.
The global cryptocurrency market will hit $4.94 billion by 2030, more than triple its estimated size of $1.49 billion in 2020, according to a new study.
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- The report by Allied Market Research published Tuesday projects a compound annual growth rate of 12.8% between 2021 and 2030.
- The main drivers will be increased demand for international remittances and more transparency in global payments systems, Allied Market said.
- More than two-thirds of the industry's 2020 size was attributable to the mining segment, which is expected to retain this position of dominance through 2030.
- However, the transaction segment will see the fastest growth, the report found.
- Allied Market forecast that the Asia-Pacific crypto industry will be the fastest growing because of increased competition from a growing number of exchanges.
- The report largely echoes of another recent study by the same company into the crypto asset-management market, which it projects will grow to $9.4 billion in 2030 from $670 million in 2020. That also identified Asia-Pacific as the region for the most significant growth because of the large numbers of crypto mining enterprises there, driving demand for asset-management products and services to help manage their business processes.
Read more: The Future of Bitcoin: 12 Scenarios From Bullish to Bearish
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What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
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Coinbase Sees Crypto Recovery Ahead as Liquidity Improves and Fed Rate Cut Odds Climb
The crypto exchange also took note of a so-called AI bubble that continues to go strong and a weaker U.S. dollar.
What to know:
- Coinbase Institutional is seeing a potential December recovery in crypto, citing improving liquidity and a shift in macroeconomic conditions that could favor risk assets like bitcoin.
- The firm's optimism is driven by rising odds of Federal Reserve rate cuts, with markets pricing in a 93% chance easing next week, and improving liquidity conditions.
- Several recent institutional developments, including Vanguard's crypto ETF policy reversal and Bank of America's greenlighting of crypto allocations, have contributed to bitcoin's rebound from recent lows.
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