The cryptocurrency industry may be just a cycle away from reaching the entire-scale mainstream adoption, making digital assets a global accepted alternative payment method, according to industry insider.
An estimated 659 million cryptocurrency holders by the end of 2025, according to a Research in December Report from the centralized exchange of crypto.com.
However, the ongoing cryptocurrency adoption can see the industry of more than 5 billion users over the next decade, according to Thomas Prévot, head of France operations on Crypto.com.
“For 10 years, we will reach 5 billion users,” Prévot said in a panel discussion at the Waib Summit 2025 in Monaco, adding:
“We’re about a growth cycle away from the entire mainstream adoption. I’m not talking about 1 billion users. I’m talking about 5 billion users.”
“We are a cycle away,” Prévot explained, adding that 5 billion milestone means that crypto will be used as “ubiquitously” as credit cards for payments today.
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However, he added that he only expects the next large wave of mainstream adoption after the market from the following “down cycle,” at the beginning of the next Bull market cycle.
Reaching the first billion users will signal significant mainstream reception that can establish cryptocurrencies as an alternative payment system, fulfilling the original vision of Satoshi Nakamotowho created bitcoin (Btc) as a censorship transaction tool, peer-to-peer tool.
The mainstream of cryptocurrency adoption can push Bitcoin into a “Ultimate Price” of $ 700,000 Each token, based on an assumed 3% portfolio allocation, predicted Bitcoin’s famous analyst Willy Woo in August 2024.
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The path to crypto users of 1b: retail the “speculative -that price” or blockchain use cases
The retail “speculative price” may be the first path to bring the first billion crypto users, similar to the 2021 market cycle, according to Roy Van Krimpen, general manager for Western Europe in the OKX exchange.
“Going to a billion can happen in one of two ways,” with the speculation -that price a “big” driver for retail interest, Van Krimpe says in panel discussion, adding:
“We saw that in 2021, where the market was more than quadrupled for a few months due to retail speculation and investors.”
“The second option is by the actual use of blockchain technology,” such as payments, which indicate the “consumer change of behavior” longer than other market trends, he explained.
Other industry insiderrs, including Chintan Turakhia, Senior Director of Engineering at Coinbase, will also view the blockchain application availability and more applications that are friendly-friendly as the key to Reaches the first billion Crypto users.
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