Cryptocurrency market capitalization expected to overtake gold market capitalization

It is expected that the market capitalization of cryptocurrencies will overtake that of gold, a leading safe-haven asset.
According to CNBC on the 18th (local time), Mike Novogratz of Galaxy Digital
CEO Tal stated, "The market capitalization of virtual currencies, including Bitcoin, will catch up with or surpass that of gold in the future."
"Currently, the market capitalization of gold is $22 trillion and that of cryptocurrencies is $2 trillion," said Novogratz. "The faster intergenerational wealth transfer occurs, the more virtual currencies will grow."
"Ideal assets will become established as an asset class similar to gold," he said. As millennials, who are currently showing great interest in virtual currencies, secure more assets, the demand for investment in virtual currencies will increase.
That's the explanation.