Bernstein: Tokenization supercycle to drive 2026 crypto bull run

According to CoinDesk, Wall Street asset manager Bernstein has stated that the cryptocurrency market will bottom out after a correction in late 2025, with a tokenization supercycle expected to drive the next bull run in 2026. The firm anticipates a boom in tokenization across stablecoins, capital markets, and prediction markets. Bernstein has set a Bitcoin price target of $150,000 for 2026 and projects it will reach a cycle peak of $200,000 in 2027. The report also identified crypto-linked stocks like Coinbase and Robinhood as major beneficiaries. Furthermore, Bernstein forecasts that the total stablecoin supply will grow to $420 billion in 2026, a 56% increase year-over-year.