CryptoQuant: the crypto market is preparing for rapid growth

The crypto market is ready for rapid growth, but it requires powerful catalysts. This assessment was provided by CryptoQuant analysts. Experts believe that the current level of stablecoin volumes can become the resource that will support the next phase of industry growth.

The company reminded that last year, in the period from March to October, the decline in the supply of stablecoins was one of the reasons for the long market correction. In contrast to that situation, the volume of these assets is now showing growth, which potentially creates the basis for buying pressure and market upward movement.

The analysts also emphasized the importance of patience when dealing with investments. According to them, it is too early to draw conclusions about the end of the growth phase or the transition to a new wave of decline. The situation remains open to positive developments.

At the same time, CryptoQuant CEO Ki Young Ju recently announced the end of the bitcoin bull cycle based on the analysis of online data. However, current analytics indicate that even with such estimates, the market has sufficient potential for a new impetus.

Experts believe that the further dynamics of cryptocurrencies will depend on the emergence of serious external factors that will activate investors and create a favorable environment for growth. That is why the coming weeks may be crucial for the future direction of the market.