PANews reported on June 6 that Bitwise CEO Hunter Horsley stated in an article on the X platform that since 2017, the crypto market has experienced a "generational shift" every few years, with some early leaders exiting the stage while others continue to exert their influence, including custodians, crypto funds, exchanges, and major assets. 2026 marks the beginning of a new round of "blood transfusion." Currently, the community generally feels a sense of potential loss, nostalgia, and uncertainty, but this also foreshadows rebirth and new opportunities. A new generation of participants and innovative projects will inject vitality into the market and usher in a new cycle for crypto assets.