Crypto Market Cap Could Ballon to $10T by 2026 Under Trump Administration: Standard Chartered

As a seasoned analyst with over two decades of experience in the finance industry, I have witnessed numerous market cycles and shifts. The recent prediction by Standard Chartered that the total crypto market cap could reach $10 trillion by 2026, if a Republican sweep occurs, is an intriguing prospect.

If Republicans gain control, the incoming administration might successfully implement favorable policies for the digital assets industry, potentially causing the overall crypto market value to reach an astounding $10 trillion by 2026, as suggested by Standard Chartered Bank in their recent analysis report.

According to Standard Chartered, there are several positive factors for the cryptocurrency market at the start of the new administration. This includes potential regulatory changes and shifts in leadership at the Securities and Exchange Commission (SEC), which might result in a friendlier approach towards digital assets.

According to the bank’s prediction, these favorable trends might cause the total value of the cryptocurrency market to quadruple from its current $2.5 trillion, potentially reaching a staggering $10 trillion by the year 2026.

According to Geoff Kendrick, the increasing popularity of digital assets could advantage all related investments. Those digital assets with the highest exposure to practical applications or use cases are likely to see the greatest gains. (Standard Chartered’s Head of Digital Assets Research)

According to the report, there’s a chance that the new government might think about creating a reserve for Bitcoin, though such an occurrence is seen as a “rare incident with significant consequences.

The bank restated its projection that by the end of 2025, Bitcoin (BTC) could reach approximately $200,000, while Ether (ETH) might hit $10,000. Moreover, they anticipate Solana (SOL) to surpass both Bitcoin and Ether in terms of performance.

As a crypto enthusiast, I’m excited about the current political landscape in the U.S., which seems to be leaning more towards the Republican party. This shift could potentially pave the way for what I like to call “Crypto Summer.