Ripple CEO Predicts $6 Trillion Crypto Market by 2024, SEC Settlement This Year, As Bitcoin Halving and Regulation Drive Growth

Ripple CEO Brad Garlinghouse predicts the crypto market cap will double to $6 trillion by end of 2024 due to macro factors like the Bitcoin halving and increased U.S. regulatory clarity.

Garlinghouse believes the SEC legal battle over XRP sales will conclude this year with a settlement in the millions.

The crypto market has already benefited from new Bitcoin ETFs bringing in institutional investments.

Attention now turns to Bitcoin's upcoming halving in April, which will cut supply and likely further boost price.

Ripple plans to launch a new dollar-pegged stablecoin on XRP and Ethereum to capitalize on demand for stablecoins.