The Bitcoin (CRYPTO: BTC) staking industry could grow into a $10 billion market by the end of 2025, according to David Tse, co-founder of Babylon Labs, a key player in expanding Bitcoin’s utility through staking innovations.
Speaking in an interview with Benzinga on the sidelines at ETH Denver, Tse outlined a bullish outlook for Bitcoin staking, driven by its trustless nature and growing adoption across blockchain ecosystems.
The potential of Bitcoin staking
With $5 billion in Bitcoin already staked since Babylon’s mainnet launch in August 2024, Tse sees significant room for expansion as the cryptocurrency evolves beyond its store-of-value roots.
Tse highlighted that Bitcoin staking, currently representing just 0.3% of all Bitcoins with 56,000 BTC staked, has untapped potential.
“I envision that there will still be a lot of potential to increase this amount of Bitcoin staked,” he said, setting a goal to surpass $10 billion by year-end 2025. He emphasized the appeal of staking’s trustlessness, noting, “There’s no third party involved.
There’s a direct interaction between the staker and …
Full story available on Benzinga.com