According to ChainCatcher news, Coinbase CEO Brian Armstrong stated that while most investors have heard of Bitcoin, it will still be the most important crypto asset, with many practical functions (such as stablecoin payments) occurring on Ethereum and Solana (with payment volume expected to exceed $20 trillion this year). There is a lot of activity happening in emerging markets with World and TON (integrated into the Telegram app outside the U.S.), as well as DeFi tokens like Uniswap and layer-2 scaling tokens like Optimism.
Ultimately, each project, community, meme, and even individual/AI will have a token. Of course, once some regulatory clarity is achieved, there should be a compliant way to register crypto securities for those looking to raise funds for their businesses, making capital formation more efficient.
Therefore, cryptocurrency will become the next version of the stock market and the internet, with millions of tokens. As cryptocurrencies continue to update the financial system, having a broad market index is an essential part of financial infrastructure.