According to BlockBeats, 10x Research said on the X platform that the current cryptocurrency bull cycle may be shorter than previous cycles and is unlikely to climax in a broad altcoin rally. Despite daily trading volumes of more than $100 billion and rapid development and updates of cryptocurrency projects, the industry's growth potential is still greatly limited.
On the other hand, real-time on-chain analytics keep cryptocurrency traders engaged, in contrast to traditional stock investors who wait for quarterly earnings. However, challenges facing the cryptocurrency market could limit the breadth and duration of the bull run. Nearly $2 billion in token unlocks are set to come in the next ten weeks, which could drive down altcoin market prices.
