Crypto entering biggest consolidation phase in history, says ARK analyst
CoinTelegraph·
60-second summary
ARK Invest's Lorenzo Valente warns that crypto is entering its biggest consolidation phase in history, with revenue increasingly concentrated among a handful of protocols, potentially leading to more mergers and acquisitions, and exchange closures. This shift may be driven by rising costs, regulatory pressures, and declining user activity, impacting smaller players and altering the market landscape.
ARK Invest’s Lorenzo Valente says revenue is becoming increasingly concentrated among a handful of crypto protocols, setting the stage for more mergers, acquisitions and exchange closures.