Crypto Industry Shifts Towards On-Chain Economy

Viktor Bunin, lead of protocol operations at Coinbase, believes that the crypto industry is shifting towards an on-chain economy. This transition means that cryptocurrency will no longer resemble its early days and will increasingly mirror the broader economy but operate on-chain.

Bunin highlights the ongoing change where builders are encouraged to adapt or pursue other emerging industries. His comments reflect consistent attention to the infrastructure side of the crypto economy, with a focus on long-term applications beyond speculative phases.