The cryptocurrency market is still in its early stages. Here are some key reasons:
1. Increasing global adoption – The number of cryptocurrency users is still small compared to the global population.
2. Unclear regulations – Laws are still being formed, meaning the market has not reached its full maturity.
3. Technology is continuously evolving – Projects like XRP, DeFi, and Web3 are still laying the foundation for the future.
4. Financial institutions are gradually entering – Despite the growing interest, major institutions are still exploring the market cautiously.
5. High volatility – The market is still experiencing significant fluctuations, indicating it has not reached a state of stability.
