in my view, no matter how big the price seems as compared to the past, we are very far away from the cryptos potential value. Though there is no exact way of measuring that potential, you can compare the crypto market with other markets to have an idea

but one of the main reasons that make me believe that the value has a long way to go before it reaches it's peak is the fact that bitcoin is still very user unfriendly.

right now it's almost impossible for a grandma to use bitcoin safely. Avoiding hacker attacks, learning to use a wallet such as electrum, setting up a hardware wallet, keeping the seed safe, creating a decent pin, checking the address before sending a transaction (they probably can't even see the tiny letters), triple checking the amount to be sent. All it takes is one screw up

But this could well change in the future, when more of the demand for cryptocurrencies starts coming from the unsavy. Because this creates a market for services targeted at making the coins safe and easy to be used by the average person

And when this happens, and regular people start feeling like it's safe to use cryptocurrency, the room for the market to grow will increase tremendously.

(yes i took this idea from andreas antonopoulos, I just worded it differently)