**Cryptocurrency Market Shift in 2026: Accelerating Reshuffling of Market Share**

Dragonfly's Managing Partner Haseeb's outlook for 2026 suggests not just a price forecast but a major restructuring of the overall crypto asset market landscape.

**Divergence Between Bitcoin and Mainstream Assets**

BTC (Bitcoin) is expected to break the $150,000 mark by the end of the year, but interestingly, during this upward phase, Bitcoin's market share is projected to decline. Meanwhile, Ethereum and Solana are anticipated to outperform expectations significantly, and top-tier developers are expected to continue favoring public chains with neutral infrastructure foundations.

In contrast, fintech-oriented public blockchains such as Tempo, Arc, and Robinhood Chain are viewed as likely to underperform market expectations.

**Structural Changes in the DeFi Sector**

In the derivatives market, it is predicted that the top 3 Perp DEXs will consolidate to hold 90% of the industry’s total market share. The remaining 10% is expected to be dispersed among countless projects, highlighting extreme concentration in market share.

At the same time, demand for stock investment products is rapidly expanding and is projected to account for over 20% of total DeFi investments by the end of the year.

**Rapid Growth of Stablecoin Supply and Slight Adjustment in Currency Dominance**

The stablecoin market is expected to increase supply by approximately 60% in 2026. Among these, the proportion of USD-pegged stablecoins will remain robust at over 99%, while USDT’s market share is forecasted to slightly decline from its current dominant position to around 55%.

**Evolving Regulatory Environment and Market Operations**

The 《Clarity》 bill is expected to be passed into law, though significant negotiations and adjustments are anticipated during the process.

While the prediction market sector is expected to grow rapidly, it is also pointed out that the majority of participating products (about 90%) will be completely ignored by the market and may gradually phase out by the end of the year.

**Limitations of AI Application in the Sector**

The main application scenarios for AI in the crypto asset space are still expected to be limited to software engineering and security fields. Other areas remain in prototype stages, and full market penetration is likely to be a future development.

From Haseeb’s predictions, it can be inferred that the 2026 crypto market will undergo significant structural transformations, including reshuffling of market share,淘汰 of players, and diversification of mainstream assets.