Wintermute, a leading global digital asset market maker, suggests that the expected major rebound for the cryptocurrency market around 2026 is conditional, hinging upon the successful realization of three critical factors affecting both macroeconomics and industry structure.
The first essential outcome is a definitive shift in global monetary policy. The analysis stresses that a sustained market rally requires the U.S. Federal Reserve and other central banks to clearly end restrictive tightening cycles and initiate consistent interest rate cuts. This move is necessary to signal a return to risk-on investing environments, channeling institutional and retail capital back into high-beta assets like crypto.
Secondly, regulatory clarity must be achieved, particularly within key jurisdictions like the United States. Wintermute notes that current regulatory ambiguity creates significant drag on institutional participation. A comeback depends on the successful implementation of clear legislative frameworks concerning stablecoins, the definitive classification of existing tokens (reducing securities risk), and the establishment of reliable institutional custody standards.
Finally, the third prerequisite is genuine, large-scale technological maturation and adoption. The market must prove utility beyond speculative trading. This involves widespread success in enterprise tokenization, the deployment of user-friendly and highly scalable Layer-2 solutions, and a substantial increase in Total Value Locked (TVL) driven by real-world applications and corporate interest, demonstrating that Web3 infrastructure has moved from experimental phase to foundational utility.
Source: Crypto’s 2026 comeback hinges on three outcomes, Wintermute says
コメント