The 4-Year Crypto Cycle Is DEAD – Here’s What’s Replacing It

"If stable coin demand continues to grow while these factors maintain their positive push on crypto prices, the total crypto market cap could reach $5 trillion and beyond."

"Still an expansion of 55% from here. And this would be roughly in line with analysts at JP Morgan who see Bitcoin reaching $150,000 this year."

"However, there are certainly more bullish analysts out there, such as Standard Charted, who think that Bitcoin will reach $200,000, a near 100% increase from current prices."

"If we are in the final innings of a 4-year cycle before a bare market unfolds, a Bitcoin top is expected sometime between Q3 this year and Q1 2026."

"Projects that pipe real yield from sovereign debt, money market funds, or revenue sharing real estate into token form. Therefore, look primed to absorb the bulk of institutional capital that may venture out along the crypto risk curve away from Bitcoin."

"In parallel, stable coin issuers already need over $200 billion in T- bills to back their tokens. So any further increase in stable coin supply translates into nearly the same amount of treasury demand."

"Congress is now on the verge of supplying the final piece of the puzzle through the Genius Act. The bill's one-toone reserve mandate would give stable coin issuers a clear federal charter and just as importantly tell traditional banks exactly how to participate."

"We believe that there will continue to be a memecoin season in the future. The temptation of trying to catch a 100x runner will not leave the mind of retail crypto traders."

"Many analysts believe that capital is clustering around selective winners with authentic product market fit and active users while narrative only coins face a swift culling."