Too Long; Didn't Read
A once worthless industry hit a value of $5.3 billion in 2021, and is expected to grow at a CAGR of 45% to reach $34 billion by 2026. The user-owned economy is here to stay and something that will dominate 2022. Web 3 will seek to replace the decaying institutions and Web 3 is here with us. Bitcoin hit an all-time high of $68,000 in November 2021, but this is not the year to expect Bitcoin to hit the $100,000–125,000 range.