Crypto Scenario Insights

DePIN and Gaming Lead End-of-Year Rebound — Is This a Structural Shift or Low-Liquidity Rotation?

What happened

While Bitcoin and Ethereum consolidate under a neutral market regime, DePIN and blockchain gaming sectors have staged a surprising rebound.

What we think

The most likely outcome is a continuation of selective, narrative-driven outperformance for DePIN assets, carrying a 55% probability under our current neutral market regime.

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DePIN and Gaming Lead End-of-Year Rebound — Is This a Structural Shift or Low-Liquidity Rotation?

We explain what happened and what could follow. We do not forecast prices.

Read the full analysis