Crypto isn't dead, it's just maturing, says influencer Ansem

Crypto influencer Ansem, who has 926,000 followers on X, refuted a user's claim that crypto is over, arguing that the industry has simply entered a mature phase. He explained that themes like stablecoins, perpetual futures, and tokenization will continue to spread throughout the global economy, and many successful crypto startups will emerge. Ansem pointed to Hyperliquid as the first example of how powerful the combination of open blockchains and business tokenization can be. Addressing the poor market sentiment, he attributed it to the sluggish performance of major coins like BTC and ETH. For BTC, he noted that early holders are de-risking due to a combination of quantum computing risks, institutions securing exit liquidity, and concerns of a "Ponzi structure" related to Michael Saylor. He said ETH has lost ground to newer coins and has failed to increase its token value. However, Ansem added that just because BTC has underperformed for a few years after outperforming all other assets for over a decade does not mean crypto is dead. He also pointed out that regulations are improving and established tech companies like Robinhood and Stripe are adopting blockchain.