At this critical point in 2025, cryptocurrencies are quietly entering the core stage of the global asset landscape. Many still view it as a speculative bubble, overlooking that its scale is already significant.
Looking back at the market values of major global asset classes, we can discover some astonishing comparisons:
The global real estate market is valued at nearly $380 trillion, making it the largest asset pool; the global bond market is about $140 trillion, and the stock market closely follows with a market value exceeding $110 trillion; even gold, considered a safe-haven asset, has a market value of about $15 trillion. Compared to these, the current total market value of cryptocurrencies is around $2.9 trillion, seemingly small but actually holding limitless potential.
Because this is the only asset class that has exploded from zero to a trillion-dollar market value in just over a decade.
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Cryptocurrency is not an asset; it is a completely new system logic.
Unlike traditional assets, the value behind cryptocurrencies does not only come from 'supply and demand' or 'cash flow', but from a whole set of decentralized economic systems. It is the only asset system in the world that can operate without relying on a central government.
A simple example: Gold can store value but cannot be transferred; bonds can earn interest but cannot cross borders; real estate has specific value but low liquidity.
Bitcoin, Ethereum, and even emerging public chains like Sui can not only store value and facilitate transfers but can also serve as foundational protocols for decentralized applications, supporting future digital economic activities across finance, gaming, communities, and identity verification.
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So, how far can the market value of cryptocurrencies go?
If we assume that cryptocurrencies could replace half of the global gold market's value in the future, that would be over $7 trillion; if it replaced a small portion (for example, 5%) of the global capital market, that would be another $5.5 trillion.
Considering its potential to become a tool for cross-border settlements, an alternative to financial intermediaries, and a value carrier for on-chain applications... reaching a market value of $10 trillion to $20 trillion is just a matter of time.
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The fastest-growing and most disruptive asset class.
Whether it is the influx of institutional funds, the ongoing layout of global ETFs, or the improvement of regulations for on-chain assets in various countries, all signs indicate that cryptocurrencies have moved from the 'laboratory' to the 'financial mainstream'.
It is not like gold, which can only sit and await appreciation; nor is it like stocks, limited by national borders. It is a borderless, programmable, storable, tradable, and income-generating asset of a new era.
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In summary: Cryptocurrency is not just an investment; it is a reconstruction of the system.
When we compare cryptocurrencies against the global asset map, it is no longer a fringe player but the starting point of a new order.
It is not speculation; it is evolution. It is not a bubble; it is transformation. It is not fanaticism; it is a redesign of the human financial system.
Are you ready?