Several events have occurred in the last two weeks that could affect the power dynamics in the crypto industry for months to come. I have been tracking these processes for years and now see signals that should be noted not only by speculators but also by long-term investors.

🔶 1. SEC changes strategy — it's not just 'dropping the lawsuit'

The SEC not only dropped the case against Binance but also started open discussions with the NYSE regarding the tokenization of securities. This is no longer a 'war', but preparation for collaboration with TradFi.

👉 What does this mean?

A new wave of asset tokenization is coming. Traditional stocks, bonds, derivatives — all of this could end up on the blockchain. This is a trillion-dollar market. Don't ignore DeFi protocols that are already working in this direction (Synthetix, Ondo, Maker, Maple).

🏦 2. Ripple and Circle are pursuing banking licenses — and this changes everything

When cryptocurrency companies strive to become banks — this is no longer a 'game in finance'. This is a step towards connecting to the infrastructure of the U.S. Federal Reserve.

👉 My view:

If the OCC grants a charter to Ripple or Circle, we will see cryptocurrency companies with direct access to the dollar system for the first time. This could reduce the volatility of stablecoins and give rise to a new influx of institutional money.

💸 3. JPMorgan sharply lowered the forecast for stablecoins — and I agree with this.

My experience says the same: stablecoins are needed within the crypto market, but their potential outside of crypto is overestimated. Until there is a normal UX infrastructure and regulation, they will not replace Visa/PayPal.

👉 What to do?

Use stablecoins as a hedging tool, but don't build a foundation for external payment cases on them. However, DeFi pools that yield income in stablecoins are still operational.

🚀 4. Solana ETF with staking options — not just an ETF

Now we have a fund that not only holds SOL but also participates in its staking, yielding ~7.3% per annum. This is the beginning of a new model of ETFs that earn from on-chain activities.

👉 How I read this:

The ETF market will go beyond 'hold and show'. I expect the next will be ETH with LSD protocols or AVAX with validators.

📌 Output

We are entering a phase where:

SEC stops suffocating

TradFi is starting to take an interest in blockchain

Stablecoins are overvalued

ETFs become 'smart'

🧠 Don't catch the noise, focus on trends confirmed by institutional actions. Keep an eye on infrastructure projects — they will be at the center of the next bull cycle.

📣 Are you ready for a new cycle? Write in the comments who you think will be the main winner: Solana, Ripple, Circle, or someone from DeFi.

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