Which Altcoin Sectors will Shine in the Next Crypto Cycle? Analysts Give Their Views

Jakarta, Pintu News – The crypto market is experiencing another lull phase. With Bitcoin (BTC) price moving in the range of $110,000 to $111,000, many are wondering if this is just a calm before the next big move.

Historically, September is known as one of the weakest periods for the crypto market, often characterized by corrections and flat price movements. However, for long-term investors, this is often seen as an opportunity to enter the market.

While Bitcoin is consolidating, Ethereum (ETH) is starting to steal the show. Although ETH is experiencing a price drop, many observers are seeing a pattern similar to the bullish rally of 2021, when Ethereum held near all-time highs for several weeks before finally breaking into new price territory.

Altcoins Begin to Take Role

Syed Musheer Ahmed, Founder and Managing Director of Finstep Asia, believes that the next crypto cycle will not be dominated by a single blockchain. Instead, he sees various Layer-1 networks will have different roles according to their functions.

Read also: XRP Price Signals End of 40-Day Correction – Ready to Break Record Highs?

“Although Solana is a strong competitor, the next cycle is not about who becomes the dominant Layer-1,” he said in an interview with the Coinpedia website.

Ethereum will remain at the center of the ecosystem thanks to its large developer base and continuous updates. Meanwhile, Solana (SOL), known for its speed and efficiency, is expected to continue growing.

At the same time, other projects such as Chainlink and Stellar may be better suited for specific needs such as interoperability and payment systems.

A Sector Still Undervalued

Looking beyond the Layer-1 platform, Musheer sees the tokenization of real-world assets (RWA) as a huge opportunity that is still highly undervalued.

Read also: Mastercard and Circle Strengthen Partnership for Stablecoin Transactions in EEMEA!

According to him, the process of tokenizing assets such as property, stocks, and bonds is still in its early stages, but has tremendous growth potential. As more assets move to on-chain systems, RWAs could be a key driver of crypto adoption in the future.

He also mentioned that sectors such as AI tokens, gaming, and DeFi will still play an important role, but RWAs could be a differentiator due to their direct link to traditional markets and the large value of assets that can be integrated into blockchain systems.

“The key is the ability to deliver cross-chain interfaces and bridges, coupled with more harmonized standardization between blockchain networks,” he added.

That’s the latest information about crypto. Follow us on Google News to get the latest crypto news about crypto projects and blockchain technology. Also, learn crypto from scratch with complete discussion through Pintu Academy and stay up-to-date with the latest crypto market such as bitcoin price today, xrp coin price today, dogecoin and other crypto asset prices through Pintu Market.

Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app via Google Play Store or App Store now. Also, get a web trading experience with various advanced trading tools such as pro charting, various types of order types, and portfolio tracker only at Pintu Pro.

*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Exclusive: Expert Reveals Which Altcoin Sector Will Shine Next Cycle