“The Value of Crypto Comes from the Massive Markets It Aims to Disrupt, Not Small, Niche Plays, The Report Said.”, – WRITE: www.coindesk.com
Bitcoin BTC$ 116.611.99with A $ 2.3 Trillion Market Value, is of the Amazon (AMZN), Hougan Noted.
But While Amazon’s Worth Comes from The Fact Is Used by Millions Every Day, Bitcoin’s Value Stems From The Market It’s Competing with: Gold, A $ 25 Trillion Asset, The Report Said. CAPTURING LESS THAN 10% OF GOLD’S Share would Justify Bitcoin’s Current Valuation. By Contrast, A Startup Trying to Replace Amazon Wuld Need to Take Over ITS ENTIR Market.
The Same Dynamic Applies to Ethereum, Solana and Other Blockchains, Bitwise Said, WHICH Are Positioning Themselves to Handle Payments, Settlement and Tokenized Assets.
The Report Noted that Global Payments Industry Processes $ 1.8 Quadrillion Annuly, While the Combined Value of Stocks, Bonds and Real Estate Is Estimated At $ 665 Trillion.
TOSE Kinds of Numbers Explain WHY ETHER TRADES AT AT AROUND $ 500 Billion and Solana Near $ 100 Billion. Unlike Centralized Companies, Decentralized Platforms Can Credibly Capture Pieces of Such Vast Markets, Argued Hougan.
Hougan Also Points to Tether, Reportedly Exploring A $ 500 Billion Valuation. AT FIRST GLANCE, Comparing Tether to Companies Like Openai or SpaceX Sems Implausible. But Tether Already Dominates Stablecoin Use in Emerging Markets, and if Adoption Grows to the Point WHERE USDT REPLACES LOCAL CURRENCES IN SOME COUNTS, ITSSTSTSTSTSTSTSTSTSTSTSTS. At that Scale, Tether Could Surpass Even Saudi Aramco’s Record $ 120 Billion in Annual Profits.
For investors, the lesson is that crypto isn’t chasing small opportunities, it’s drawing aim at some of the largest addressable markets in the World, The Report Adeded.
Read More: Ether Treasuries Are Going Mainstream: Crypto Investment Firm Bitwise
Combined Spot and Derivatives Trading on Centralized Exchanges Surged 7.58% to $ 9.72 Trillion in August, Marking The Highest Monthly Volume of 2025
- Combined Spot and Derivatives Trading on Centralized Exchanges Surged 7.58% to $ 9.72 Trillion in August, Marking The Highest Monthly Volume of 2025
- Gate Exchange Emerged As Major Player With 98.9% Volume Surge to $ 746 Billion, Overtaking Bitget to Become Fourth-Largest Platform
- Open Interest Across Centralized Derivatives Exchanges Rose 4.92% to $ 187 Billion
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A competitive Battle Has erupted in the perpetual Decentralized Exchange (Perp Dex) Sector, with Emerging Platforms Like Aster and Lighter Signification Domin. But What do bosses of Centralized Exchanges Say about the Ongoing Trend.
- BitMex CEO STEPHAN LUTZ PREDICS THAT CURRENT DECENTRALIZED EXCCHANGES LIKE HYPERLIQUID AND ASTER May Not Dominate the Market Next Year Due to Their Fragile Incentive-Heavy Models.
- A competitive Battle in the perpetual Decentralized Exchange Sector Has Led To New Platforms Surpassing Former Leaders, Sparking A Race to CAPTURE MARKET Share.
- Lutz Believes Centralized Exchanges Like Coinbase Are Better Positioned to Endure Market Cycles, While BitMex AIMS to Bridge Both Centralized and Decentralized Worlds.
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