Institutional investors faced the risks of cryptocurrencies once again last week, but they did not give up. With this high volatility and the ability to move differently compared to other assets, cryptocurrencies can still find a place in portfolios. Moreover, ETF flows have not turned incredibly negative because institutions believe in the long-term future. So what does Galaxy Digital Research President say about the cryptocurrency bull?
Cryptocurrency Bull
Galaxy Digital Head of Research Alex Thorn disagrees that the cryptocurrency bull is over. Stating that the bull market is structurally intact, he said that the rise will continue. In every field? Of course, it will not happen in every field. Especially as artificial intelligence investments continue to strengthen, related initiatives, stablecoins and tokenization side will continue to grow.
Stating that artificial intelligence expenditures are supported by all risk markets, Alex says that growth will continue with the support of technology giants and policy. Stablecoins represent the future, just like artificial intelligence. The future of payment services is here and MasterCardThe billions of dollars invested by Visa, PayPal, major banks and asset management companies in this field are never in vain.
Altcoins to Rise
Alex Thorn talks about three categories and believes that growth in this area will be rapid. AI, stablecoins and tokenization. When you consider each of these, there are altcoins that stand out. For example, layer1 solutions are the intersection point for both tokenization, stablecoins and crypto-based AI services. The two most prominent networks are:
on the other side BTC It already maintains its throne as a store of value. If we look at the stablecoin front, the competitors have started to increase. Ripple 
$2.33There are those who want to take this wind behind them, such as RLUSD and ENA. Their success rate will depend on the demand their startup sees. We are talking about this market, where Tether has raised investments with a valuation of $500-666 billion. Ripple took important steps to accelerate its growth and expansion by acquiring 3 billion-dollar companies this year.
Chainlink specifically for tokenization 
$16.59 It has virtually monopolized its field. About Oracle data feeds MegaETH It even launches fully live services with . It provides infrastructure to large companies with CCIP. All of this is related to its success in transforming years of experience into value.
If we are talking about the construction of the digital future, the growth around these 3 areas will continue. Other altcoins and categories will experience periodic hype increases and probably wait on the sidelines.
