2025 Crypto Bear Market "Repricing" Institutional Capital: Analyst
Analysts suggest the 2025 altcoin bear market was a repricing event as institutions prepare for multiyear market entry.Summary
The steep decline in altcoins during 2025, where DeFi tokens fell 67% and smart contract platforms averaged a 66% loss, is viewed by analysts like Jamie Coutts of Real Vision as a necessary "repricing" of protocols. This reassessment is occurring just as institutional capital begins its gradual, multiyear onboarding into the crypto market, favoring fundamentally sound networks with organic usage.
Data shows Solana led in fees ($585 million) over the past year, followed by Tron ($576 million). While institutional interest is evident through inflows into Solana ETFs and some rotation from Bitcoin to Ether, large players seem to be accumulating in anticipation of liquidity returning. Despite the bear market, major financial institutions like Morgan Stanley are deepening their crypto push by filing for new Bitcoin, Solana, and Ether ETFs.
Experts anticipate 2026 could be a turning point. With excess leverage cleared and valuations reaching institutional entry thresholds, analysts like Lacie Zhang of Bitget Wallet suggest the market may move from repricing to sustained accumulation driven by long-term institutional adoption, supported by growing regulatory clarity.
(Source：Cointelegraph)