From Wild West to Wall Street: Crypto is boring now because ‘we won’
Crypto has become boring because regulatory clarity and Wall Street adoption signify that the industry has matured and achieved its foundational goals.Summary
Nic Carter argues that the perceived boredom in the cryptocurrency space is actually a sign of victory, as many fundamental questions have been settled. The era of extreme volatility, driven by regulatory uncertainty (like potential bans or legal risks for smart contracts), has subsided due to new legislation like the GENIUS Act providing clear rules for stablecoins and securities. Furthermore, major traditional finance (TradFi) institutions, including JPMorgan and BlackRock, have fully integrated crypto, with banks now accepting BTC/ETH as collateral and launching ETFs. This shift from a chaotic "Wild West" environment to a mature, regulated "Wall Street" substrate, where building value in daylight is the focus, means the thrilling, high-risk guessing games are over, leading to dampened volatility and, consequently, boredom for some.
(Source：CryptoSlate)