Bitget Wallet Identifies Strong Crypto Fundamentals Amid Narrative Rotations

At Coinfest Asia 2026, Bitget Wallet's APAC Head Will Wu pointed to the $300 billion stablecoin market and 80% year-to-date growth in tokenized assets' value as evidence of sustained demand.

In a panel discussion on 'How Money Actually Moves Between Narratives,' Wu said that the loudest narrative on social media isn't always where the most persistent capital is going.

Figures cited during the panel put stablecoin market capitalization at approximately $300 billion, up roughly 14% from a year earlier. Tokenized real-world assets' distributed asset value has surpassed $38 billion, up nearly 80% from just over $21 billion at the start of the year.

Wu also pushed back on the suggestion that crypto narrative rotations are necessarily coordinated by a small group of wallets, instead suggesting that sophisticated funds have better tools and execution advantages.