TechFlow news, on February 25, The Block reported that analysts from investment research firm Bernstein stated that as the regulatory environment improves, crypto market liquidity is expected to shift from meme coins toward utility tokens such as DeFi, gaming, and NFTs. Lead analyst Gautam Chhugani noted that the recent surge in meme coin activity mainly stemmed from regulatory pressure on utility token and NFT projects during former SEC Chair Gensler's tenure.
The report indicated that Trump-nominated pro-crypto figure Paul Atkins is likely to become the next SEC chair, and the SEC has already agreed to dismiss its lawsuit against Coinbase and terminate its investigation into OpenSea, signaling a shift in regulatory stance. Bernstein forecasts that Bitcoin could reach $200,000 by year-end, driven by national strategic reserve programs, ETF inflows, and continued corporate accumulation.
Analysts emphasized that stablecoins and tokenization of real-world assets will become industry priorities, expected to play significant roles in cross-border B2B payments and global interbank settlements.
