On February 10, Chainlink co-founder Sergey Nazarov shared insights on the current state of the cryptocurrency market via a detailed post on the X platform. According to BlockBeats, Nazarov emphasized that cycles are a normal part of the crypto industry, highlighting how these cycles reveal the sector's development level and the trends that will define the next phase of adoption and value creation. He noted that there are currently no significant risk management failures leading to major institutional collapses or systemic risk spread, indicating improved risk management in this cycle compared to the previous one.
Nazarov further stated that regardless of cryptocurrency price fluctuations, the trend of real-world assets being tokenized on blockchain continues to accelerate. This suggests that the tokenization of real-world assets is not closely tied to cryptocurrency prices but possesses unique value that can grow independently of Bitcoin or other crypto assets' market prices. This trend is expected to fundamentally transform the industry landscape.