Standard Chartered has issued a highly optimistic outlook for the cryptocurrency market, projecting it could surge to a $10 trillion market cap by 2026, nearly quadrupling its current value. The bank predicts Bitcoin will reach $200,000 by the end of next year, with other altcoins like Solana also experiencing significant growth. This bullish sentiment is largely attributed to Donald Trump's recent electoral victory, which could lead to favorable regulatory changes in the U.S. crypto landscape. Standard Chartered anticipates swift actions from Trump’s administration, including repealing regulations that hinder bank participation in crypto, restructuring the SEC, and promoting real-world applications for digital assets. They foresee a decrease in Bitcoin's market dominance to around 40% by 2026, with rising demand for cryptocurrencies that serve practical use cases, particularly in sectors such as gaming and decentralized infrastructure. The bank expresses confidence that the upcoming period will mirror the dramatic price increases observed in 2021, fueled by new developments and applications in the crypto ecosystem.

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