Despite all these positive developments, why are subcoins lifeless? Why doesn’t the Altcoin season come? Senior manager answered

According to Bitwise Asset Management Chief Investment Officer Matt Hougan, Wall Street Crypto Coins Despite the more and more adopting and the regulatory change in President Donald Trump, the subcoins continue to be forced.

Hougan described the current crypto investment environment as one of the best in history, referring to the decrease in regulatory threats and the increase in institutional adoption. However, despite Bitcoin’s strong rally, he said that individual sensitivity remained in one of the lowest points so far due to low performance of subcoins.

Bitcoin increased by 90 %last year due to entry into Spot Bitcoin ETFs. However, Hougan observed that most subcoins could not keep up with this except for several exceptions such as Solana and XRP.

“Average crypto assets were shattered, H Hougan, who wrote, underlines a fundamental challenge: the lack of a big new application that will enable Altcoin to adopt.

In 2017, the ICO explosion triggered a large bull run. In 2020, the rise of defi applications fueled Altcoin earnings. Today, Hougan argues that the Memecoin explosion creates excitement, but lacks the basic innovations that will continue to grow long -term growth.

Despite the current collapse, Hougan believes that the re -revival of Altcoin is stronger than ever. According to the analyst, one of the key factors is regulatory clarity. Although the former SEC President Gary Gensler did not name the name, Hougan pointed out the leadership changes in the Securities and Stock Exchange Commission (SEC) as a great positive change. He argued that Altcoins would soon come out of the “regulatory gray region olan, which prevented growth in the last four years.

In addition, the stablecoins, which Hougan sees as an ascension catalyst for Ethereum and Solana, became a national priority. At the same time, he said that institutions have started to develop crypto applications that will bring Defi to the masses, which further strengthens the long -term potential of the sector.

Although Hougan avoids predicting exactly what will trigger the next Altcoin season, he’s convinced that a season is approaching. “Within one or two years, I guess you will not have to cut your eyes to see the transformation in the subcoins; The effect will be obvious. And it will be overwhelming ..

*It is not an investment advice.