2
This 2026 outlook examines how evolving market structure is reshaping crypto’s core narratives, from Bitcoin’s changing cycle dynamics to the competitive realities of Layer 1s, perpetual DEXs, and prediction markets.
Bitcoin: Broke the Pattern, Not the Cycle
In 2025, Bitcoin presents an apparent contradiction that has reignited debate around the validity of the 4-year cycle theory. Historically, the post-halving year has always seen strong positive returns. In 2025, however, Bitcoin delivered…
