Grayscale Investments has released a new report forecasting a sustained crypto bull market extending into 2026 despite widespread scepticism about traditional market cycles.
Grayscale defines its six crypto sectors as currencies, smart contract platforms, financials, consumer and culture, artificial intelligence, and utilities and services.
The framework is designed to capture a broad range of blockchain-based use cases across the digital asset economy.
Grayscale highlighted macroeconomic stress as a key driver of demand for alternative stores of value.
The report pointed to increasing regulatory clarity as a catalyst for deeper institutional participation in public blockchain networks.
“We expect ongoing macro demand for alternative stores of value, and regulatory clarity to drive institutional investment into public blockchain technology,” the report said.
Grayscale contrasted the uncertainty surrounding fiat currencies with the predictable supply of Bitcoin.
The outlook for fiat currencies is increasingly uncertain; in contrast, we can be highly confident that the 20 millionth bitcoin will be mined in March 2026.