PANews reported on December 20th that Coinbase Institutional released its "2026 Crypto Market Outlook" report, analyzing various factors that will shape the crypto economy landscape in the coming year. The report ranges from detailed outlooks for Bitcoin, Ethereum, and SOL to the latest developments in regulation, market structure, and tokenization. The report argues that the US economy remains resilient, and the crypto market environment in the first half of 2026 will be closer to 1996 than 1999, but uncertainty remains high. A clearer global framework will change how institutions handle strategy, risk, and compliance in 2026. Regarding institutional participation, a "DAT 2.0" model is expected by 2026, moving beyond simple accumulation to focus on the professional trading, storage, and procurement of sovereign block space, viewing it as a significant commodity in the digital economy. The token economy will enter its 2.0 phase, with a trend emerging as protocols increasingly focus on value capture, moving from purely narrative-driven beta models to persistent, yield-linked models.