Institutional Blockchain Migration Could Reach $100 Trillion

The crypto market is undergoing a structural transformation driven by institutional capital and new financial infrastructure. According to Matt Hougan, Chief Investment Officer of Bitwise Asset Management, this transformation could lead to a $100 trillion migration of institutional capital onto blockchain networks.

Hougan suggests that the next bull market will be different from previous cycles, relying less on retail speculation and meme coins, but rather on the progressive migration of financial institutions toward blockchain-based infrastructure.

The current bear cycle may be ending, as Bitcoin and other digital assets show periods of sideways consolidation after months of selling pressure. This pattern historically appears when sellers begin losing strength and accumulation phases begin.