2025-12-28 06:22:59

The crypto market of 2025 is already different from the past. Data shows that over 30% of active participants have exited, but this is not a bear market signal; rather, it indicates that the market structure has undergone a deep transformation.

The era of cheap capital has come to an end. In the past, whoever could tell a good story would gain liquidity. Today, this logic has become invalid. Institutional capital has officially taken over pricing power, and retail investors chasing arbitrage opportunities in high-valuation small coins have been squeezed to the limit. Those players relying on leverage and emotional hype have collectively stepped on the brakes.

Where is the true value? RWA tokenization, AI×Crypto infrastructure, and ecosystems under compliant frameworks—these are the new directions for capital deployment. They are supported by cash flow, have practical application scenarios, and do not depend on the next sucker.

The trend of退出 (withdrawing from the scene) may seem brutal, but essentially it is a process of industry shedding falsehoods and revealing truths. Those who fail to keep up will either be eliminated or struggle painfully. Meanwhile, those who adapt to new rules early—focusing on compliance, anchoring real-world value, and investing in foundational infrastructure—are building the next round of competitive barriers.

Opportunities are always hidden within change. The question is, are you truly ready?

RWA8,28%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

14 Likes

Reward
14
4
Repost
Share

Comment

0/400

TheMemefather

· 11h ago

The story can't be told anymore, this is the real truth

View OriginalReply0

DeFiDoctor

· 11h ago

The medical records show that most of the patients who are leaving the circle this time died of "Storytelling Syndrome," which clinically manifests as leverage plus emotions, with no real cash flow support. The institutional capital taking over pricing power essentially means that the reimbursement standards for medical insurance have increased, and those unlicensed clinics naturally can't survive. However, I have to say that the data showing "30% active participants退出" is a bit suspicious—who compiled it? Is it the exchange's daily active users or on-chain wallets? If the liquidity indicators are not well understood, misdiagnosis can easily occur. It is recommended to regularly review the true signs of fund outflows behind this number. RWA and AI infrastructure are worth paying attention to, as they at least have actual business models, unlike some projects with hidden code vulnerabilities that keep hyping. But how long an ecosystem under a compliance framework can run depends on policy trends; I am currently holding a cautious watch on this.

View OriginalReply0

down_only_larry

· 11h ago

Good words, but isn't it just a new trick to cut leeks Retail investors should wake up, this wave is really different The era of storytelling for fundraising is over, I like this statement Is there really someone lurking in the compliant ecosystem? 30% of people are退出, and the remaining are the true believers? I feel like everyone is just waiting to be cut In the underlying infrastructure path, which company's coins are truly reliable? Institutional takeover of pricing power is just a legal reason for institutions to cut retail investors Can RWA really go mainstream? Or is it just another round of concept hype

View OriginalReply0

SchroedingerMiner

· 11h ago

That's quite right, but I still think that those eliminated in this round may not all be a bad thing. Retail investors have been taught a lesson several times; those who need to wake up probably already have. RWA is indeed attractive, but the ones who can really benefit are still those who have already laid out early on.

View OriginalReply0