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TechFlow reports that John Riggins, partner at BTC Inc. and founder of Bitcoin Magazine, said at the 2024 Hong Kong Web3 Festival that the Bitcoin ecosystem and native Bitcoin assets could surpass $50 billion in the next five years.
He noted that the ERC-20 market size is roughly equivalent to ETH's market capitalization, while the BRC-20 market remains significantly smaller compared to BTC's market cap, suggesting potential for up to 100x growth.
John Riggins, partner at BTC Inc. and founder of Bitcoin Magazine, said at the 2024 Hong Kong Web3 Festival that the Bitcoin ecosystem and native Bitcoin assets could exceed $50 billion in scale over the next five years. He noted that the ERC-20 market size is roughly equivalent to ETH's market capitalization, while the BRC-20 market remains far smaller compared to BTC's market cap, suggesting potential for up to 100x growth.
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