Binance Founder Sees Crypto Market Still in Its Early Days

4 days ago 9

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Drawing parallels to Bitcoin’s early days, Zhao reminded attendees that when BTC traded between $1 and $100, liquidity was virtually absent and wild daily swings of up to 60% were normal.

Today, he noted, cryptocurrencies are frequently in the headlines, yet mainstream participation is still limited, with only a small fraction of people holding digital assets — and even then, crypto accounts for less than 1% of their portfolios.

Zhao emphasized that adoption is not something that can be rushed. He argued that a solid foundation requires building liquidity and a user base gradually, beginning with a loyal core community before expanding outward.

According to him, timing and strategic investment decisions play a critical role in long-term success.

Looking ahead, Zhao pointed to the importance of innovative financial products and institutional partnerships as the next catalysts for mass adoption.

Stablecoins and tokenized real-world assets, he said, will be instrumental in making crypto accessible to broader audiences.


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