349 pages of the Messari report in one post



Messari is an analytical company that studies the crypto market and publishes reports for funds, traders, and institutional investors. Their data and research are used by major players.

Key points:
• The ideological cycle is over. Slogans no longer work.
• BTC has exited the "crypto" category. ETFs have made it an institutional asset.
• Stablecoins are the most successful product of the industry, but they are getting closer to being tools of US monetary policy.
• L1 and L2 win as technologies, but as investments, they look weak.
• AI in crypto is currently more packaging than a mature product.
• Altcoins have lost attention. Now, it's either fundamentals or nothing.
• Crypto has become tougher and less forgiving of mistakes.

Overall conclusion of the report:
• Crypto, overall, has not become a necessary "for life."
• In fact, the market has recognized only three things: trading, payments, and earning yields.

Why BTC stands apart:
• Bitcoin is not supported by technology or utility.
• The market simply agreed to consider it money.
• This monetary premium exists for BTC and has almost disappeared for other cryptos.
$BTC $ETH $SOL
BTC0,41%
ETH0,72%
SOL1,62%
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