Bitwise CIO Matt Hougan wrote on the X platform that the most common mistake many crypto skeptics make today is underestimating the scale of the market cryptocurrency is poised to enter. Bitcoin is already a $2.3 trillion asset, a size few can match. Bitcoin is targeting a massive market, rivaling gold's $25 trillion market cap. Ethereum and Solana, on the other hand, are vying for the issuance, trading, and settlement of stablecoins and tokenized assets. These are massive markets—according to SIFMA and Savills, the combined value of stocks, bonds, and real estate is $665 trillion. McKinsey estimates that the global payments industry processes 340 billion transactions annually, totaling $180 trillion.