The cryptocurrency market is reaching a fundamental turning point in 2026. From the once chaotic "Wild West" era, it is gradually transforming into a "new branch of Wall Street" with increasing regulation. The latest reports released consecutively by eight mainstream institutions, including Fidelity, Bitwise, and Grayscale, reflect the details of this historic shift.
Until now, the market has been primarily driven by cyclical fluctuations centered around Bitcoin's halving mechanism, but it is now entering a new paradigm fueled by massive inflows of institutional investors. As sovereign nations like Brazil and Kyrgyzstan advance legislation for digital assets and traditional asset management institutions enter the space one after another, the once-prevailing "4-year cycle theory" has already reached its limits.