TechFlow news, November 11 — According to a Coindesk report, Standard Chartered stated in a research report that if the Republican Party achieves a sweeping victory, the new U.S. administration could advance policies favorable to the digital asset industry, potentially driving the total market capitalization of the crypto market to swell to $10 trillion by the end of 2026. Standard Chartered noted it expects a series of pro-crypto factors early in the new administration, including regulatory changes and shifts in leadership at the Securities and Exchange Commission (SEC), which may lead to a more lenient stance toward digital assets. The bank said these positive developments could quadruple the crypto market’s current $2.5 trillion valuation, reaching $10 trillion by the end of 2026. Geoff Kendrick, Head of Digital Asset Research at Standard Chartered, wrote: "A rising tide should lift all digital assets, with those most closely tied to real-world use cases expected to benefit the most." The report also mentioned the possibility that the new U.S. administration might consider establishing a Bitcoin reserve, though this was described as "a low-probability but high-impact event." The bank reiterated its year-end 2025 price targets of approximately $200,000 for Bitcoin (BTC) and $10,000 for Ethereum (ETH), and expressed expectation that Solana (SOL) will outperform the two largest cryptocurrencies by market cap. Kendrick wrote: "As the likelihood of a Republican clean sweep in the U.S. election rises, we believe we are entering a new crypto summer."
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