Is there any plausible scenario where the number of bitcoin users and transactions continues to grow exponentially but somehow the price of bitcoin stabilizes to a specific range and doesn't fluctuate much? As in we get 100 times more users and transactions but the price remains around what it is today?
no there is none.
it is a very basic concept called
supply and demand.
supply of bitcoin is clear how it should be and we all see the rate it is growing by (it was 50
BTC per block and then 25 and currently it is 12.5 per block). and nothing can change that.
as the number of users grow and in other words as more people invest in it bitcoin gets more
demand.
higher demand with the same supply means higher price.