On the point of the crypto market’s future in the second half of 2022, some experts think that market volatility is likely to remain high in the second half as it was in the first. "Relief rallies are also likely. Many tokens with inherently flawed or valueless tokenomics may not survive 2022. The industry will continue its march towards ever-increasing maturity," says Ajeet Khurana, founder of Reflexical, a Web 3.0 company.
However, BCG has estimated that just 0.3 per cent of individual wealth is currently held in crypto assets, in contrast to the 25 per cent held in equities. Relatively shallow penetration indicates that there is headroom for growth. "Crypto adoption is rising among both retail and institutions. However, adoption is still low compared to traditional investment assets such as equities, payment technologies, and private equity allocation by institutions," said the report.