If Republicans take management of each homes of the US Congress, the worldwide cryptocurrency market worth may hit $10 trillion by the top of 2026, in line with Geoff Kendrick, International Head of Digital Property Analysis at Customary Chartered.
With the Senate and presidency already in Republican arms, management of the Home of Representatives stays unsure, however Kendrick believes a Republican win is probably going.
Kendrick believes such an consequence would usher in favorable insurance policies that would result in a 300% improve within the crypto market from the present $2.7 trillion. He factors to sectors equivalent to crypto gaming, tokenization, and decentralized bodily infrastructure (DePin) as potential massive beneficiaries of a Republican-led authorities. “We predict the optimistic developments could be sufficient to push the overall digital asset market cap from the present $2.5 trillion to $10 trillion by the top of 2026,” Kendrick mentioned.
Kendrick detailed potential coverage modifications, predicting regulatory modifications such because the repeal of SAB 121, stablecoin-friendly rules, and a extra optimistic SEC stance on digital property. He talked about a possible U.S. Bitcoin reserve as a “low chance however excessive affect” occasion.
Kendrick additionally reaffirmed Customary Chartered’s formidable end-2025 worth targets of $200,000 for Bitcoin and $10,000 for Ethereum, citing expectations of a pro-crypto regulatory setting. He urged that as digital property proceed to change into extra mainstream, utility-specific tokens like Solana may outperform Bitcoin and Ethereum.
*This isn’t funding recommendation.
