Currently, the cryptocurrency market is still largely influenced by Bitcoin, as its rise or fall leads to almost collective movements of the rest of the digital assets.
This structural correlation reflects the absence of regulatory and economic differentiation among projects, weakening the chances of alternative currencies to build an independent identity in the near term.
However, the new laws being discussed during 2025, primarily the digital goods classification project, could represent the beginning of the gradual liberation of alternative currencies from Bitcoin's shadow.
Clarifying the legal framework for each digital asset individually, according to its nature, use, and position within the market, may allow for the establishment of institutional trust and tailored trading for each currency based on its fundamentals, rather than solely relying on the general market movement.
If these changes are complemented by policies supportive of innovation and fair regulatory practices, the market may witness in the coming years the beginning of a real separation between "main" and "alternative" currencies, not only in their price performance but also in their economic role and actual value.