Bitcoin Dominance Set to Rise Amid Stablecoin Growth and Institutional Adoption
Strategy Inc. CEO Phong Le expects Bitcoin's market dominance to rise due to stablecoins, tokenization, and big bank adoption.
The company's holdings of $55.5 billion in Bitcoin as of this writing support this view.
Bitcoin's dominance expanded from 40.83% in 2022 to 56.95%, according to CoinGecko data shared by Le.