A Stanford MBA and crypto analyst explained why Bitcoin still has room to grow. In July 2024, Michael Saylor presented a chart showing Bitcoin’s market value compared to the total global asset market. At that time, Bitcoin was around $65,000 per coin, with a network value of $1 trillion. This was just 0.1 percent of the $900 trillion global asset market.
Since then, Bitcoin’s market value has doubled to over $2 trillion. The global asset market has grown to about $1 quadrillion. Bitcoin now accounts for 0.2 percent of global wealth, showing that it remains a small portion of total assets.
In a recent interview, Jesse Myers, Head of Bitcoin Strategy at the Smarter Web Company, explained that Bitcoin’s growth capacity is still significant. Using historical trends and market projections, he estimated that Bitcoin could grow at an average of 29 percent per year over the next 20 years. In today’s terms, a single coin could reach $10 million.
Myers said that Bitcoin’s fixed supply of 21 million coins adds to its scarcity and value. He explained that Bitcoin is still in the early stages of adoption and has not yet captured a large share of global wealth.
Global assets continue to grow each year, while inflation reduces the value of cash and bonds. Bitcoin provides an alternative that does not rely on government-backed money. Its scarcity and security appeal to investors seeking to preserve wealth.
Historical trends show Bitcoin may grow quickly in the short term and slow over time while maintaining meaningful returns. As more institutional investors adopt Bitcoin, demand is likely to rise further.
Even after recent gains, Bitcoin remains a small fraction of global wealth. Experts like Jesse Myers say that over time, Bitcoin could capture a larger share of global assets. Its fixed supply, growing adoption, and protection against inflation support the long-term case. Predictions of millions per coin are plausible for patient investors in the coming decades.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Crypto markets may be quietly turning a corner, according to analyst Ran Neuner, but he…
The $30 million defamation lawsuit filed by crypto entrepreneur Jake Claver against influencer Zach Rector…
Vitalik Buterin has pushed back against the direction of much of the crypto industry, saying…
Bitcoin price is continuing to trade below a major resistance zone, showing signs of hesitation…
Crypto entrepreneur Jake Claver has filed a $30 million defamation lawsuit against XRP influencer Zach…
The crypto market opened 2026 with a strong bullish push, lifting Solana (SOL) above $143.…
