Digital Assets on Brink of New Bull Market: Blockchain Capital Experts

The digital asset market is on the brink of another bull market, according to Spencer Bogart and Alex Larson from Blockchain Capital. They stated that digital assets are positioned on the S-curve, similar to the early days of the internet.

Alex compared the development stage of digital asset technology to the history of the internet. He explained that it took a long time for the internet to become mainstream after its public release in 1989, and that the digital asset market is currently in a flat section of the S-curve, similar to the broadband internet adoption period between 2000 and 2005.

In particular, based on the launch of Ethereum in 2015, he assessed that the market is now entering its 10-11 year phase. He mentioned that there are currently about 700 million digital asset holders worldwide, with approximately 10% active on-chain users.