The total crypto market cap is currently around $2.98 trillion, with a 26.93% increase over the past year. In previous cycles, crypto market caps have historically 2x to 4x from their pre-bull run levels. Here’s a reasonable expectation for the next bull run, assuming historical patterns hold:
Conservative Estimate (2x):
Market Cap: ~$6 trillion
Moderate Estimate (3x):
Market Cap: ~$9 trillion
Aggressive Estimate (4x+):
Market Cap: ~$12 trillion or more
Factors that could support a higher market cap:
Global adoption and regulatory clarity
Institutional investment growth
On-chain activity (DeFi, NFTs, tokenized RWAs)