Thị trường tiền mã hóa 2026: Từ câu chuyện giảm một nửa đến sự tham gia sâu của các tổ chức

【Block Rhythm】Entering 2026, the narrative in the crypto market is quietly shifting. The “halving cycle” that once dominated the market is fading, replaced by two major driving forces: gradually clarified regulatory frameworks and sustained institutional capital inflow.

BTC remains firmly in its position as “digital gold,” with stable growing institutional allocation demand. ETH’s story becomes more imaginative — RWA tokenization and upgrade roadmaps are gradually transforming it into an institutional-grade settlement tool and financial infrastructure. SOL is accelerating expansion in another dimension, with its high-performance advantages finding real implementation in practical economy scenarios such as payments and RWA.

Market analysts widely believe that the market logic in the future has changed. The era of short-term speculation is over. What truly determines price direction is the accumulation of three elements: “compliant entry + practical use cases + capital attributes.” In other words, regulatory progress and institutional allocation adjustments will become key variables influencing market rhythm. For traders, the key to grasping these structural opportunities lies in understanding institutional participation logic and policy orientation.