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PANews, February 8th – According to Cointelegraph, Bullish CEO Tom Farley stated in an interview with CNBC that the cryptocurrency industry may see a trend of more projects being acquired by large companies, which could further unify the industry landscape in the coming months. Farley believes that industry consolidation should have occurred a year or two ago, but excessively high valuations sustained a false sense of optimism. Many companies will realize that "they have no business, only products."

According to Odaily, Bitwise Chief Investment Officer Matt Hougan stated on the X platform that cryptocurrency is driven by narratives, and currently there are nine major narratives expected to lead the next cycle. First, revenue-generating products. Blockchain annual revenue is currently about $7 to $8 billions. As mainstream adoption accelerates, industry revenue will scale to hundreds of billions of dollars, and projects that generate revenue will be rewarded. Second, AiFi. AI agents will use cryptocurrency, stablecoins, and DeFi instead of bank accounts, and its scale is difficult to estimate. Third, the decline of fiat currencies. As fiat currencies depreciate, the world will turn to hard currencies, including BTC. Fourth, institutional adoption. Institutional adoption of cryptocurrency is a decade-long major trend, and its scale will be measured in trillions. Fifth, regulatory progress. The benefits of proactive regulation have yet to be realized. The Genius Act will take effect in January 2027. After regulatory clarity, investment and mainstream adoption will see hockey stick growth. Sixth, the stablecoin supercycle. Although stablecoin assets under management have temporarily stagnated at $300 billions, in the future they will grow to several trillions, becoming the backbone of global payment rails in the 21st century. Seventh, tokenization. Currently, only $20 billions in assets have been tokenized, while the total value of global stocks, bonds, and real estate markets reaches hundreds of trillions, with a market penetration rate of less than 0.1%. Eighth, DeFi revival. With the tokenization of RWA assets and improved protocol tokenomics after regulatory clarity, the scale of DeFi will expand by 100 times. Ninth, Ethereum's "Steve Jobs returns moment." Vitalik Buterin's return to the Ethereum ecosystem is likened to Steve Jobs' return to Apple in 1996, and Ethereum's development is set to enter a period of explosive growth.

According to Odaily, Yilihua posted on X stating that market cycles remain effective. With the resilience of the US stock market and the new phase of DAT/ETF, the consensus in the crypto space has not been broken, and the market is still easily manipulated. Yilihua believes that entering a bear market in the crypto space is a good time to make arrangements, just like in the previous cycle where gains were made by deploying during the bear market. Yilihua expressed optimism about the future, remains bullish on the next bull market opportunity in the industry, and will continue to work hard to build.