Chainlink co-founder’s 2 reasons this bear market feels different

Industry Progress Revealed During Market Downturn

Chainlink co-founder Sergey Nazarov states that the recent crypto market downturn has inadvertently highlighted “how far the industry has progressed.” This observation suggests that despite the bear market conditions, the underlying strength and maturity of the blockchain ecosystem are evident.

Institutional Demand and Market Evolution

Nazarov emphasizes that current bear market conditions differ from past downturns due to increasing institutional demand and the growth of blockchain adoption. These factors indicate a shift in market dynamics, where traditional financial institutions are actively engaging with crypto assets, signaling broader acceptance and integration into mainstream finance.

Investor Narrative and Long-Term Confidence

He also notes that his investment in Chainlink is based on narrative and long-term confidence in the technology, rather than emotional attachment. This reflects a more rational and strategic approach to crypto investments, which has evolved as the industry matures.

來源：https://cointelegraph.com/news/chainlink-sergey-nazarov-bear-market-feels-different