
Binance Research sees crypto market at $12.1T by 2028 in bull case
- —Bull case: $12.13 trillion by 2028, nearly 4.5x the current $2.7 trillion
- —Base case $6.22 trillion; conservative case $3.6 trillion
- —Tokenized RWA value is up 51.4% this year to $38.6 billion
- —Binance handled 30% of spot BTC volume among the top five exchanges
Why it matters: The report gives institutions a framework for the next cycle, citing tokenization and ETFs as key drivers.
Source: Livecoins