Lesson 5

On-Chain Financial Infrastructure and Future Market Evolution

As institutional capital continues to flow into the crypto market, the focus of industry development is shifting. Previously, the crypto market was primarily concerned with asset prices and user growth; now, the market is gradually entering a phase of infrastructure competition. More institutions are realizing that the long-term development of the industry is determined not just by the price of a particular asset, but by whether the entire on-chain financial system is sufficiently mature. From trading, clearing, and custody to stablecoins and on-chain liquidity networks, the crypto market is steadily forming a new set of financial infrastructure that resembles traditional finance but possesses unique blockchain characteristics.

Disclaimer
* Crypto investment involves significant risks. Please proceed with caution. The course is not intended as investment advice.
* The course is created by the author who has joined Gate Learn. Any opinion shared by the author does not represent Gate Learn.