Will Crypto Market Hit the Vantage Prediction of $2300 Million by 2028?

In early April 2022, Vantage released a report on their market research in the crypto space development. The report indicates that the crypto market could reach $2300 million by 2028. Vantage also highlighted that the crypto market growth in the past few years has been exponential. In 2018, the entire crypto space was valued at $828 billion, and now it’s about $2 trillion. According to the research, as of the end of 2021, the crypto market made nearly $1542.9 million in revenue. Moreover, the study indicates that the compound annual growth rate of the crypto market is 6.9%. Vantages research shows very high hopes for the crypto market growth. But is the forecast realistic? Is the Vantage Prediction Realistic Sometimes forecasters could put very high values leading investors to doubt their reliability or whether the details are realistic. However, several factors indicate that Vantage’s prediction is realistic in this case. The historical performance of the crypto market indicates that the crypto market will continue gaining year-round. Vantage highlighted various aspects which will drive the growth. Growth in Software and Hardware Industries One of the major factors to boost growth in the crypto market is the success of the crypto software and hardware industry. The crypto hardware industry has been a significant force in the crypto market’s historical growth. Investors needed mining equipment and other tools like hardware wal...