Bitwise CEO Hunter Horsley stated that the crypto industry has diversified into several independent tracks, including Bitcoin, blockchain infrastructure, tokenization, stablecoins, perpetual contracts, meme coins/NFTs, and lending markets, marking the maturation of the industry. He pointed out that defining the "next catalyst for crypto" has become increasingly difficult. In the next 12 months, the industry will focus more on the topic of "on-chain finance."
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