Key highlights:
- Bitcoin could capture a quarter of gold’s market within a decade
- ETFs and new regulations are fueling Wall Street’s crypto adoption
- Solana may become the “new Wall Street” with epic growth ahead
Institutional revolution driving Bitcoin forward
Bitcoin could soar to $1.3 million by 2035, according to Matt Hougan, chief investment officer at Bitwise. In an interview with Cointelegraph, Hougan explained why he believes this bold scenario is not only possible but increasingly likely.
Unlike speculative forecasts, Hougan’s prediction is based on a detailed institutional model that evaluates Bitcoin’s role as a store of value and its competition with gold. He points to three powerful forces reshaping Bitcoin’s trajectory:
- Rapidly growing government debt
- A shift in regulation from hostile to favorable
- The rise of Bitcoin ETFs, giving Wall Street easier access to crypto
Together, these forces could turn Bitcoin from a niche asset into a central pillar of global portfolios.
From marginal asset to digital gold
Hougan emphasizes that Bitcoin is no longer a fringe investment. Today, it is being positioned alongside stocks, bonds, and real estate as a fundamental store of value. The key question now is whether Bitcoin can successfully challenge gold’s dominance.
If Bitcoin captures just a quarter of gold’s $13 trillion market, Hougan argues, its price could reach $1.3 million within the next decade.
Uncertainty remains but momentum is building
Critics question whether this forecast can hold up against political risks and market volatility. Yet Hougan remains optimistic.
He even highlights Solana as another high-growth opportunity, suggesting it has the potential for “epic growth” by year’s end and could evolve into the “new Wall Street.”
Bitwise’s analysis underscores a larger shift: Bitcoin is moving from an experimental project to a serious financial instrument.
With growing institutional adoption, ETF inflows, and regulatory clarity, Hougan believes the foundations are being laid for one of the most ambitious price trajectories in financial history.
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Source:: Bitcoin Could Reach 1.3 Million by 2035 Says Bitwise Strategist