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Crypto set for a new era of apps over infrastructure

Author: Content Editor
The crypto market is shifting its focus from infrastructure to apps that regular people want to use at scale. Infrastructure plays dominate the market, with 68% of the entire market capitalization being represented by infrastructure coins. Appcoins, on the other hand, make up less than 5% of the total. However, there is room for growth in the app space, and the next wave of consumer apps might not even have their own tokens. The success of these apps may depend on how well they navigate regulatory challenges. Meanwhile, Jason Yanowitz, co-founder of Blockworks, believes that we are entering an application era in the crypto industry and predicts that all applications will be funded by 2025. However, regulatory challenges continue to impact the industry, as seen in the case of Cumberland, which was targeted by the Securities and Exchange Commission (SEC). The outcome of such cases could have lasting effects on the crypto space.

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