Cryptocurrency Market Experiencing Consolidation Towards Financial Infrastructure

According to NYDIG, the cryptocurrency market is experiencing a trend of consolidation, with investor interest shifting towards projects tied to financial infrastructure.

The research firm's findings suggest that blockchain's core strengths are better suited for monetary functions than most consumer or enterprise applications.

This shift in focus may clarify which assets are built to last and which will ultimately fail to deliver on their promises. As a result, the range of crypto projects capable of drawing sustained investor interest is contracting.