AI, Stablecoins, Tokenization Drive Crypto Growth
**Crypto Market Still Has Room to Grow, Says Galaxy Digital’s Head of Research**
Even with the ups and downs of the crypto market, big investors are still in the game. Last week, they faced more risk and volatility, but they didn’t walk away. Despite how unpredictable cryptocurrencies can be, they’re still finding a place in long-term investment plans. In fact, ETFs tied to crypto haven’t taken a major hit—proof that institutions still believe in the future of digital assets.
**Crypto Bull Market Isn’t Over Yet**
Alex Thorn, Head of Research at Galaxy Digital, believes the crypto bull market isn’t over. According to him, the foundation of the current market remains strong, and there’s still potential for growth. However, he makes it clear that not every sector will grow equally. The focus now is shifting toward specific areas, especially where artificial intelligence (AI), stablecoins, and tokenization intersect.
He points out that the increasing investment in AI is also pushing other riskier markets forward. Tech giants and supportive policies are fueling this expansion. Stablecoins are part of this wave too—companies like Mastercard, Visa, PayPal, and major banks are investing billions into digital payment systems based on stablecoins. This shows that the market is maturing and gaining real-world traction.
**Top Growth Areas: AI, Stablecoins, and Tokenization**
Thorn highlights three main areas with strong growth potential:
1. **Artificial Intelligence (AI)**: AI is not only changing how businesses operate but is also merging with blockchain technology. This creates new opportunities for crypto projects that integrate AI solutions.
2. **Stablecoins**: These digital assets are becoming central to the future of payments. Projects like Ripple’s RLUSD and Ethena’s ENA are trying to challenge existing leaders like Tether by offering alternative solutions.
3. **Tokenization**: Turning real-world assets into digital tokens is gaining momentum. Chainlink is leading this space by providing the backend infrastructure for tokenized data through its CCIP system. It even launched a live service called MegaETH to deliver secure data feeds.
**Key Networks: Ethereum and Solana**
When it comes to blockchain platforms that support all three sectors—AI, stablecoins, and tokenization—Ethereum and Solana stand out:
– **Ethereum ($3,918)** remains the go-to network for decentralized applications and token-based services.
– **Solana ($189)** is known for its high speed and low fees, making it attractive for developers building new crypto tools.
Bitcoin, while not directly involved in these innovations, continues to serve as a reliable store of value.
**What’s Next for Crypto?**
The future of crypto seems to be centered around three pillars: artificial intelligence, stablecoins, and tokenization. While these sectors are expected to grow steadily, other altcoins may experience short-lived surges based on market trends or hype. Investors should focus on projects with real use cases and strong backing to minimize risk.
As always, remember that cryptocurrency investments come with high risk and volatility. Always do your own research before making financial decisions.