Ansem: The Next Wave of Crypto Market Expansion May Be Driven by Breakthrough Applications, with New Users and Fresh Capital Being Key

Odaily reports: Crypto trader Ansem posted on X platform that one of the most needed catalysts for the crypto industry right now is a breakthrough application capable of attracting an entirely new user base.

Ansem pointed out that this summer, Pump.fun and Fomo have shown early signs, and in 2023, Friend.tech also attracted a large number of users who previously had no exposure to cryptocurrency. In addition, he is monitoring the crypto neobank and payment card sector, where products like Ether.fi have begun to gain market attention.

He believes that the next wave of on-chain activity may be driven by an application that offers users entirely new scenarios for spending, speculation, and on-chain participation. New users and fresh capital are the two factors he focuses on most when assessing the next round of crypto market expansion.