There are significant concerns about the future trend after the major cryptocurrencies (ETH and BTC). Let's not discuss external factors for now.


BTC and ETH, two assets representing crypto faith, both show a strong trend of de-retailization after 2024 and 2025.
Perhaps the entire industry is undergoing a de-retailization movement.
Traditional hedge funds use BTC ETFs to establish spot longs while also establishing shorts on CME, playing basis arbitrage to drain volatility. They also permanently raise BTC's bottom, making it difficult for retail investors to see extremely low prices for Bitcoin.
The Ethereum mainnet now leans towards serving B2B clients such as L2 sequencers, compliant RWA issuers, and large staking pools.
Retail investors find it hard to locate an on-chain asset that can be held long-term with compound interest effects; $HYPE has not achieved this, $Kaito has not achieved this, $virtual is just a little short.
ETH-5.09%
BTC-4.46%
RWA-2.65%
HYPE-9.44%
KAITO-1.85%
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