A closely monitored analyst suggests that the rising cryptocurrency sector will exhibit significant growth in the coming years. Analyst Pentoshi stated on social media platform X to his 847,300 followers that real-world assets (RWA) in the crypto sector could reach a market value of $1 trillion within the next decade or even sooner.
Analyst’s Forecast
Pentoshi emphasized that RWA represents a new category of cryptocurrency aimed at tokenizing real-world assets like bonds and real estate on the blockchain. This process allows individuals to purchase smaller, more affordable units, facilitating fractional ownership of assets. Currently, the market value of RWA is under $40 billion.
Potential of RWA
Pentoshi expressed his confidence in the future of RWA, stating, “Everything will be on the blockchain and tokenized. The foundation is already in place.” The tokenization of RWA could lead to the digitization of traditional financial assets, making investments more accessible and liquid for individuals.
State of Altcoins
Pentoshi noted that cryptocurrencies other than Bitcoin $101,726 are facing challenges due to distribution in this cycle. He remarked, “People wonder why altcoins are performing poorly this cycle… Now we are a multi-trillion dollar industry, and at least 25% of U.S. adults own it. We’ve become more competitive and fragmented.”
The analyst highlighted the increasing competition in the crypto industry as it matures, stating that this situation affects the performance of altcoins.
Pentoshi: “Early crypto users are now influencing politics and will do much more soon.”
Pentoshi advises adopting a long-term perspective for the future of the crypto industry, mentioning, “It may take longer than you think, but we are progressing at light speed.” Given the current size of the crypto industry and its prevalence among the adult population, innovative areas like RWA are expected to present significant opportunities in the coming years.