BlockBeats news, on May 5, Bitcoin rebounded approximately 30% from its recent low of around $60,000, fueling growing market expectations of a new "super cycle."
ARK Invest stated in its latest report that Bitcoin is gradually establishing itself as the core of a new asset class for institutional investors, with its market capitalization expected to grow at a compound annual rate of approximately 63% over the next five years, rising from the current level of about $2 trillion to $16 trillion by 2030, accounting for roughly 70% of the overall cryptocurrency market.
The report also forecasts that the overall cryptocurrency market could reach $28 trillion by 2030, with smart contract networks such as Ethereum and Solana accounting for the remaining share.
Additionally, Cathie Wood previously predicted that Bitcoin's price could rise to a range of $300,000 to $1.5 million by 2030, primarily driven by substitution for gold's market capitalization (potentially up to 40%) and the accelerating trend of asset tokenization.
Industry perspectives also indicate that tokenization is becoming a key narrative. Robinhood CEO Vlad Tenev stated that the market is still in the early stages of a "tokenization supercycle," while BlackRock Chairman Larry Fink believes that tokenization will reshape financial infrastructure, making asset issuance and trading more efficient and accessible.