ARK Invest released a comprehensive report that outlines Bitcoin's milestones in 2024, the rapid rise of AI agents, and the potential of stablecoins in the digital asset market. The report includes market projections for 2030.
Institutional Bitcoin Adoption
In 2024, Bitcoin reached unprecedented heights, solidifying its role in the global financial system. The year began with SEC approval for Bitcoin ETFs, and by the end of 2024, the total assets under management exceeded $100 billion. There was a notable increase in institutional investments, mainly from companies like BlackRock and Bitwise. Over 74 publicly traded companies worldwide added Bitcoin to their balance sheets, collectively holding over 550,000 BTC. ARK Invest predicts Bitcoin's price could reach between $300K and $1.5M by 2030, depending on the market scenario, with a neutral outlook pricing it at $710K.
Stablecoin Market Development
In 2024, the total value of stablecoin transactions reached $15.6 trillion, surpassing Visa and Mastercard. Solana and Tron led with over 60% of all stablecoin transactions. Layer 2 solutions such as Arbitrum and Base excelled in microtransactions. By the end of 2024, stablecoin trading volume was at $2.7 trillion. Developing countries like Brazil and Nigeria showed high usage of USD-backed stablecoins. ARK forecasts the stablecoin market to reach $1.4 trillion by 2030, becoming the 13th largest currency.
AI Integration in Business Processes
AI agents have evolved from single-task tools to multifunctional platforms, transforming consumer interactions and business processes. By 2030, AI advertising revenue is expected to account for 54% of the digital ad market. In e-commerce, AI agents are integrated into systems for product searches, price comparisons, and payments. These agents are anticipated to facilitate 72% of global e-commerce transactions through digital wallets. ARK Invest projects the software market to expand from $1.5 trillion to $13 trillion, with a CAGR of 48%.
ARK Invest's report illustrates significant growth prospects for Bitcoin, stablecoins, and the role of AI in the economy by 2030, potentially transforming financial and technological industries.
