According to market news, regulatory activities may be concentrated in the next few months, which will greatly affect the overall token rise. In particular, the DEFI sector and stablecoin track, which have attracted much attention from regulators.
The "mixer" companies and related tokens will be included in the regulatory catalog by regulators, and restrictions on "hidden coins" may continue to be strengthened. In addition, the DEFI sector may also need to experience a "severe cold and heat",
because the advocacy of decentralization does not meet the "interest needs" of regulators. It is worth noting that this regulatory campaign particularly emphasizes the role of stablecoins in illegal finance (money laundering, gambling), which may mean that exchanges will further strengthen KYC (real-name authentication) requirements.
At the same time, I believe that after this round of regulatory campaigns, the "stablecoin bill" that has been pending will receive a huge boost and is likely to be finalized in 2025. In addition, we need to pay special attention to the US SEC's "securitization movement" on cryptocurrencies, which may be carried out in conjunction, and ETH may be the most affected in the short term.
Because from the beginning to the end, the SEC has not "relaxed" the classification of ETH securities attributes. As the U.S. SEC continues to scrutinize crypto industry players including Robinhood, Binance, Coinbase and Ripple, Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam warned of an impending surge in enforcement actions.
Behnam highlighted the lack of regulatory framework and transparency in the evolving crypto industry, which he believes will inevitably lead to more cases of fraud and manipulation. Behnam expects a "cycle of enforcement actions" to occur in the next six months to two years, driven by the rapid appreciation of digital assets and strong interest from retail investors.
In addition, Behnam believes that without proper regulation, fraud and manipulation will persist. It is worth noting that regulation is a "double-edged sword" from beginning to end, and it will eventually develop in a positive direction.
According to historical market trends, although the increase in regulatory efforts will cause token price fluctuations to fall, each action will usher in new upward momentum and higher expectations, and I believe this round will be no exception.
Finally, let me share with you the tokens that are expected to break through the weak siege. First, the halving of Ethereum Classic (ETC) is good. It is expected that ETC will be reduced on June 3, 2024. The current block reward is 2.56 ETC, and the block reward after the reduction is 2.048 ETC. Secondly, the AI sector token. As a track that global finance and technology are betting on AII IN, it is possible to usher in an explosion at any time.
Finally, the RWA sector, as a track with an overall market value expected to exceed one trillion US dollars, currently has a market value of less than 10 billion US dollars, which is not in line with market rules. Coin Thunder believes that this track will run more than one dark horse in the next few years, and ONDO may be one of them.
