Up more than 50% in 2024 and an astounding 200% since the beginning of 2023, it's safe to say crypto is officially back. Today, the collective market cap of the asset class sits at roughly $2.6 trillion. Yet, one CEO thinks it still has plenty of room to run.

In a recent interview with CNBC, Ripple CEO Brad Garlinghouse, whose company created the XRP (CRYPTO: XRP) cryptocurrency, pointed to several macroeconomic factors that could converge in 2024 and help push the total crypto market to $5 trillion, a near doubling from today's prices. While perhaps coming off as sensational, he might just be right.

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Source Fool.com