Post-Crypto Era Outlook: Asset Valuations Normalize—What to Watch in the Next Decade?

Original source: Co-founder of Syncracy CapitalRyan Watkins

Compiled by Odaily Planet Daily, Qin Xiaofeng (@QinXiaofeng 888 )

Editor’s Note: Ryan Watkins, co-founder of Syncracy Capital, recently published an article titled “The Twilight Zone: Envisioning the Crypto Economy Beyond 2026.” He notes that crypto assets were overhyped in 2021, and since then, valuations have steadily returned to rational levels—with high-quality assets now fairly valued. The growth of the broader crypto economy is shifting from cyclical drivers to long-term secular trends, and the industry has already spawned several real-world use cases beyond Bitcoin. “Nothing is more powerful than an idea whose time has come, and the emergence of the crypto economy has never been more inevitable.”

The following content has been translated by Odaily Planet Daily. Enjoy～

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The crypto economy is undergoing the biggest transformation I've witnessed in my eight years in the industry.

Institutions continue to accumulate digital assets, while early crypto pioneers are dispersing wealth and cashing out. Enterprises are positioning themselves for S-curve growth, while disillusioned native users are exhausted. Governments worldwide are driving the global financial system toward blockchain integration, while day traders remain anxious over a few candlesticks on a chart. Emerging markets celebrate financial democratization, while American cynics lament it all as nothing more than a giant casino.