Let's look at bitcoin from a store of value perspective. How would a new store of value adoption look like? What is the measure of it?
Just two things:
2. Level of people's trust (most important)
I will answer this number 2 first as that is the most important.
In order for people to trust bitcoin, it has to be safe and in order for it to be safe, it has to be regulated and we need the government to accept bitcoin not only in a certain country but it has to be globally as bitcoin is a global currency where we can use it to transact from border to border of the world.
1. Accessibility, convenience of buying and selling bitcoin.
With proper regulation, this would grow as people will be confident to use bitcoin, it will be like a digital currency that we can spend anywhere and anytime we want, of course exchanges are still very important as it's not possible fiat will be obsolete even with bitcoin's mass adoption happening.