Bitcoin’s Scarcity and Demand Could Drive Massive Price Increase
Marc Boiron, CEO of Polygon Labs, has projected that Bitcoin’s price could reach $250,000, citing the cryptocurrency’s limited supply and rising demand. Speaking with Rob Nelson on Roundtable, Boiron highlighted Bitcoin’s fixed cap of 21 million coins as a fundamental driver of its potential price appreciation.
“You’ve got this one asset that has this fixed supply, and all you need to figure out is whether demand is going to increase for this asset or not. It’s literally that simple,” Boiron explained.
Regulatory Clarity Could Boost Bitcoin Adoption
Boiron believes many investors fail to grasp Bitcoin’s straightforward economic model. He suggested that as regulatory frameworks become clearer, Bitcoin will present lower downside risks, attracting a broader range of investors. This, in turn, could serve as a catalyst for increased adoption and higher valuations.
Boiron’s bullish outlook aligns with predictions from other industry leaders. Raoul Pal, CEO of Real Vision, has suggested Bitcoin could rise to between $250,000 and $350,000 under favorable economic conditions. Similarly, Jeff LaBerge, an executive at Bitdeer, has forecasted a potential surge to $200,000 in 2025, citing historical price cycles, ETF adoption, and growing institutional interest as key factors.
As of February 24, 2025, Bitcoin is trading at approximately $95,735, reflecting a slight decline of 0.595% from its previous close. The cryptocurrency’s intraday high reached $96,506, while its low dipped to $95,097.
