VanEck Predicts Bitcoin Could Reach $2.9 Million by 2050
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 10 2026- Long-Term Projection: Matthew Sigel, Head of Digital Assets Research at VanEck, forecasts Bitcoin could reach a valuation of $2.9 million by 2050, driven by its adoption as a settlement currency for 5% to 10% of global trade and comprising 2.5% of central bank reserves, highlighting Bitcoin's potential significance in the global financial system.
- Compound Annual Growth Rate: A projected 15% compound annual growth rate for Bitcoin from 2026 to 2050 indicates that the asset's long-term value will rely on structural monetary adoption rather than short-term price fluctuations, providing investors with confidence for long-term holding.
- Scenario Analysis: VanEck presents various market scenarios, estimating a price of only $130,000 by 2050 if Bitcoin fails to penetrate trade settlement or reserve asset markets, reflecting the high uncertainty surrounding Bitcoin's future in the market.
- Market Environment Challenges: Despite VanEck's optimistic long-term outlook, current market conditions appear weak, with Matrixport suggesting that Bitcoin's 2026 outlook is more about tactical trading, indicating low market participation and limited new investor engagement, which could impact Bitcoin's short-term performance.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
