Cathie Wood’s ARK Invest projects that by 2030, the cryptocurrency market could expand to a staggering $28 trillion. This optimistic forecast is bolstered primarily by the anticipated rise in Bitcoin adoption and its projected price surge.

ARK detailed in their “Big Ideas 2026” report published on Wednesday that the crypto market is expected to grow at a compound annual growth rate (CAGR) of 61%, with Bitcoin slated to contribute to 70% of this growth.

Crypto Market Growth Source: Cointelegraph

Analysts predict that by 2030, around 20.5 million Bitcoin will have been mined. In such a scenario, Bitcoin’s price may vary between $950,000 and $1 million.

“Bitcoin is evolving as the cornerstone of a new institutional asset class,” commented ARK Invest, highlighting the increase of Bitcoin exchange-traded funds and corporate Bitcoin holders, who collectively raised their Bitcoin share from 8.7% to 12% as of 2025.

ARK had earlier forecasted that Bitcoin could escalate to as high as $1.5 million within the same timeframe.

Bitcoin Price Changes Source: ARK Invest

Furthermore, ARK observes that growth will likely stem from a rise in decentralized finance, stablecoins, and the tokenization of real-world assets (RWAs), with leading smart contract platforms such as Ethereum and Solana expected to reap the greatest benefits.

With the prediction that smart contract platforms could grow to a market valuation of $6 trillion by 2030, ARK notes that these platforms currently generate around $192 billion in annual revenue with a 0.75% take rate.

ARK anticipates that a total of $11 trillion worth of RWAs will be tokenized by 2030, fueled by regulatory clarity and enhanced institutional infrastructure.

Data from RWA.xyz indicates that only $22.25 billion worth of RWAs have been tokenized on blockchain so far, suggesting that the market must expand at an astonishing CAGR of 245.8% to achieve this significant milestone.