The cryptocurrency market is undergoing a significant transformation. The rapid gains made by large consortiums in Ethereum investments suggest that they are likely to turn their attention to other altcoins. This trend indicates that once these consortiums drive the price of Ethereum to new heights, they may look towards other cryptocurrencies such as DOGE( and LTC).

With the maturation of the market, the era of purely relying on emotional speculation has passed. Investors who have experienced multiple bull and bear markets have realized that the days of attracting buyers solely based on concepts are over. Currently, the number of alternative coins has surged, but most lack practical application scenarios. Investors have become more cautious and no longer blindly chase after every new project.

Looking ahead, projects that receive support from consortiums and are likely to obtain ETF approvals are more likely to attract significant funding. This viewpoint has been emphasized multiple times between June and July of this year. The market is moving towards a direction that focuses more on substance and potential, rather than purely relying on speculative psychology.

This transformation reflects the gradual maturation of the cryptocurrency market. Investors and market participants need to adapt to this new landscape, focusing on projects with solid fundamentals and long-term growth potential. At the same time, changes in the regulatory environment and the participation of institutional investors will also continue to shape market trends, bringing new opportunities and challenges to the entire industry.