Photo from the Andreessen Horowitz report
Analysts are confident that the cryptocurrency market is entering a mature stage: the infrastructure is becoming more scalable, interest from traditional financial institutions is increasing, and the use of cryptocurrencies is beginning to extend beyond speculative operations.
The volume of transactions with stablecoins over the past year has exceeded $46 trillion, comparable to the volumes of Visa and ACH. More than 1% of all circulating dollars are represented in the form of tokens.
Blockchains are capable of processing up to 3,400 transactions per second, bringing them closer to the scale of traditional payment systems.
Major players in the market, such as JPMorgan, PayPal, and Stripe, are ramping up their efforts by offering new cryptocurrency products. Assets managed by Bitcoin and Ethereum-based ETFs amount to $175 billion.
The market for tokenized assets, including government bonds, stocks, and real estate, has reached $30 billion.
Experts at Andreessen Horowitz believe that the crypto market is moving towards integration with the real economy. The next wave of growth will be driven by mass consumer applications.
Andreessen Horowitz is one of the leading venture funds in the crypto market, with projects such as Coinbase, Uniswap, and Optimism in its portfolio.
