Galaxy tipper Bitcoin NFT-markedet til at nå $4.5 mia i 2025

Galaxy tipper Bitcoin NFT-markedet til at nå $4.5 mia i 2025

In a “base case” scenario, Galaxy Digital’s research unit has tipped the burgeoning Bitcoin nonfungible token (NFT) market to hit a $4.5 billion market cap by March 2025.

Bitcoin NFTs, or Ordinals, have attracted a significant amount of attention since the Ordinals protokol lanceret i slutningen af ​​januar, enabling users to inscribe data such as images, PDFs video and audio onto individual satoshis, or sats that each represent 0.00000001 Bitcoin (BTC).

NFT-giganter som Yuga Labs er endda hoppet ind i hypen. Den 28. februar annoncerede firmaet på 4 milliarder dollars bag Bored Ape Yacht Club en Bitcoin-baseret NFT-projekt dubbed “TwelveFold,” marking a notable form of anerkendelse af Ordinals-bevægelsen.

I en ny rapport offentliggjort on March. 3, Galaxy researchers analyzed the potential growth of Bitcoin NFTs and made estimations “conservatively based on the current size of Ethereum’s NFT market” and its growth rate over the past few years.

"Selvom der er bemærkelsesværdige forskelle mellem inskriptioner og NFT'er, er det rimeligt at sige, at et native on-chain økosystem for NFT'er er opstået på Bitcoin på en måde, som aldrig før var mulig, og dets brug har eksploderet."

The report provided three different market cap predictions based on the firm’s analysis, covering a bear case, base case and bull case scenarios.

Når man ser på Galaxys baseline-analyse, skitserede rapporten, at hvis Bitcoin NFT'er kan "udvide til mainstream NFT-kultur som PFP'er [Profile Pictures], memes og hjælpeprojekter," bør markedsværdien stige til $4.5 milliarder.

The researchers also noted that the projection of $4.5 billion is also based on the “rapid development in inscription awareness coupled with the marketplace/wallet infrastructure already [being] out today.”

I en bjørnesag, hvor Bitcoin NFT'er ikke kryber ind på det almindelige NFT-marked og lirker markedsandele væk fra Ethereum, anslåede Galaxy, at Bitcoin NFT'er stadig kan nå en markedsværdi på 1.5 milliarder dollar baseret på det aktuelle niveau af interesse og understøttende infrastruktur .

Relateret: Den samlede kryptomarkedsværdi får et hit midt i Silvergate Bank-krisen

On the bullish side of things, Galaxy researchers estimate that the Bitcoin NFT market could reach around $10 billion if it manages to provide strong competition to Ethereum NFTs, while also providing unique use cases.

Galaxy tips Bitcoin NFT market to hit $4.5B by 2025 PlatoBlockchain Data Intelligence. Vertical Search. Ai.
Estimated Bitcoin NFT market cap: Galaxy Digital

At the time of the report, more than 250,000 Ordinals have hit the market, and highlighting the significance and utility of Bitcoin NFTs, the researchers noted that:

“The addition of sizeable data storage with strong availability assurances opens up a variety of use cases, many of which are only beginning to be explored, including things like new types of decentralized software or bitcoin scaling techniques. Even the NFT use-case alone, though, has the potential to dramatically widen the scope of Bitcoin’s cultural impact.”

Tidsstempel:

Mere fra Cointelegraph