PANews reported on May 5th that, according to Forbes, Bitcoin has rebounded by approximately 30% from its recent low of $60,000, with market sentiment rapidly recovering. Many believe that driven by changes in the macroeconomic environment and policy expectations, the crypto market may be entering a new upward cycle.

A recent report by ARK Invest predicts that Bitcoin's market capitalization could reach $16 trillion by 2030, with a compound annual growth rate of approximately 63% over the next five years, potentially capturing about 70% of the crypto market. Simultaneously, the overall crypto market size is projected to grow from the current approximately $2.8 trillion to $28 trillion. Cathie Wood previously stated that Bitcoin's price could rise to between $300,000 and $1.5 million in the long term, primarily benefiting from its ability to combat fiat currency devaluation and the AI-driven deflationary environment. Furthermore, Larry Fink also stated that tokenization has the potential to reshape financial infrastructure, making asset issuance, trading, and access more efficient and convenient.

The market generally believes that one of the driving forces behind this round of growth is the "tokenization" trend, which involves putting traditional assets such as stocks, bonds, and real estate on the blockchain. Vlad Tenev recently pointed out that the market is in the early stages of a "tokenization supercycle." Analysts indicate that as regulations become clearer and institutional-grade infrastructure improves, coupled with funds flowing into "digital gold," the overall adoption rate of Bitcoin and the crypto market may further accelerate.