Based on a interview with Bungie yesterday. It has been said the level cap is 30. [b]How do yall feel about that? And how long do you think it will take you to reach it?[/b]
Update: I thought it was common knowledge that the soft level cap is 20, I was wrong. So to clarify soft level cap is 20 and a max level of 30.
Check the article [url=http://www.eurogamer.net/articles/2014-08-21-bungie-on-the-destiny-level-cap-raids-and-game-size]here[/url]
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Careful wording there. I doubt motes of light are going to get you to level 30, as it's a currency. Light stat on gear is actually what changes your level. We saw gear in beta that you only payed marks for that had the Light stat on them, didn't cost motes of light.