Opinion: The structural bull run remains intact, and there are three favourable information factors for the next rise.

According to ChainCatcher, Alex Thorn, the research director at Galaxy Digital, believes that the structural bull run in the cryptocurrency and stock markets remains intact. The three main forces driving the rise are artificial intelligence capital expenditure, stablecoins, and tokenization.
Thorn pointed out that artificial intelligence capital expenditures are led by well-funded companies and supported by U.S. policy, representing a non-speculative bubble. He believes that corporate budgets and government positions indicate that there is still a long way to go in the future.
In terms of stablecoins, improved payment channels, increased participation, and enhanced liquidity have continued to attract attention to tokens pegged to the US dollar, supporting the ecosystem.
In terms of tokenization, the shift of real-world assets and traditional market infrastructure to the blockchain has moved from pilot to implementation, creating new demand for block space and core assets.
Thorn is optimistic about Bitcoin's status as "digital gold" and believes that major currencies such as ETH and SOL related to stablecoins and tokenization will encounter favourable information. #ETH反弹在即？