Crypto Market Cap Could Balloon to $10T by 2026 Under Trump Administration: Standard Chartered

“A Republican sweep is the best result for the digital assets sector and could bring positive regulatory change, the report said.”, — write: www.coindesk.com

A Republican sweep could see total crypto market cap grow to $10 trillion by the end of 2026, the bank said.
Positive changes are expected for crypto markets early in the new administration, the report said
Standard Chartered said we have now entered a crypto summer.

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A Republican sweep would allow the new government to push through positive policies for the digital assets sector, which could lead to total crypto market cap swelling to $10 trillion by the end of 2026, investment bank Standard Chartered (STAN) said in a research report on Friday.

Standard Chartered said it sees a number of tailwinds for crypto markets early in the new administration including regulatory changes and a shuffle of positions at the Securities and Exchange Commission (SEC) that could lead to a more benign stance on digital assets.

The bank said these positive developments could see total crypto market cap grow fourfold from $2.5 trillion currently to $10 trillion by the end of 2026.

“The rising tide should lift all digital assets; those most exposed to end-use cases are set to benefit most,” wrote Geoff Kendrick, head of digital assets research at Standard Chartered.

The new administration may also consider the formation of a bitcoin reserve, but this is viewed as a “low-probability but high-impact event,” the report said.

The bank reiterated its 2025 year-end target of around $200,000 for bitcoin (BTC) and $10,000 for ether (ETH), and said it expected solana (SOL) to outperform the largest two cryptocurrencies.

“With a Republican sweep in the U.S. election now looking likely, we believe we have entered the crypto summer,” Kendrick wrote.

Edited by Parikshit Mishra.

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Name	Price	24H (%)
Bitcoin(BTC)	$88,430.00	-4.63%
Ethereum(ETH)	$3,117.38	-5.52%
Tether(USDT)	$1.00	0.15%
Solana(SOL)	$213.02	-0.79%
BNB(BNB)	$633.93	1.17%
Dogecoin(DOGE)	$0.391867	-6.15%
XRP(XRP)	$0.73	2.95%
USDC(USDC)	$1.00	0.22%
Lido Staked Ether(STETH)	$3,118.63	-5.09%
Cardano(ADA)	$0.55	-5.63%

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