Changpeng Zhao, founder of Binance, believes Bitcoin will reach $1 million well before 25 years, but emphasizes that utility must come before price appreciation. He identifies two key prerequisites: mass adoption for payments and integration into retirement and pension funds. Some infrastructure is already in motion, with Trump opening crypto in 401(k)s in August 2025 and creating a Strategic Bitcoin Reserve in March 2025. Bitcoin currently trades around $79,323, and a $1 million target would imply a nearly 13x climb. At that price, Bitcoin’s market cap would reach approximately $20 trillion, narrowing the gap with gold’s estimated $32 trillion value.
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