Institutions are looking for “1000X” opportunities for encryption: coinbase


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Coinbase Establishment and Glassnode have released a report focusing on the trends we have seen so far this year. Some data is somewhat expected, but there were also some fun nuggets that appear as the encryption grows.

Take, for example, this scheme from the A16Z.

Source: Coinbase Institutional, A16Z

Learn the size of January compared to other months? It may not be this jaw, but this is impressive. Before you ask, no data does not reflect any of Governor opened by people When Trump fell.

Lee David Dong of Coinbase explained that the graph has been produced before To launch Trump. He added that Mimikoen for the president "was also impressive (because) there are many players in the market who did not touch the encryption before those who adopted the encryption mainly for trade (Trump)."

But attention should not be on the governor or Memecoins only, so let's give their moments to shine as well.

It is not the time for the altcoin season yet.

Duong believes that Bitcoin has been selfishly drawn, but this does not mean that there is no room for the country. He believes that people are still looking for "1000X's chance in space".

Perhaps this means that we will see more newcomers enter the stadium, as it challenges "blue chips names" and Dino currencies from early 2020.

"When it comes to smart contract platforms or other things, I think people are satisfied with the existence of an eth, Sol and SUI, but many people say," Yes, but what are the other platforms there, what can come after that? "So I think this is still the subject now that people are playing the space again."

Side effects of this: The sectors have become more clear inside the encryption. As Duong explained, we see Memecoins completely digging its course and separated from other parts of the encryption while Defi began to see its capacity after the transformation of the organizational environment.

Duong added that artificial intelligence agents are a good example of the branch that we see, given that they focus on a "attention economy" within Crypto. On the other hand, Dexs is close to 20 % of the central exchange volume.

We went back.

"Many players in the market are trying to evaluate the market at the present time, so they look at the sectors, and they know what can attract attention or get more revenues. But now it is an issue ... What will really pay attention?"

Many trends to watch, very little time.


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