Institutional Warning: The crypto market may face a slowdown in 2026, with exchange pressures awaiting resolution

[Crypto World] Recently, a major financial institution released a research report predicting a rather pessimistic outlook for the cryptocurrency market next year. They believe that by 2026, the crypto market may face a period of weakness—spot trading volume is expected to decline, and retail investors’ enthusiasm is noticeably cooling down. This undoubtedly poses a significant impact on leading exchanges like certain compliant platforms.

Where is the problem? Currently, the market lacks strong catalysts. Those former political optimistic sentiments? They have long been absorbed by the market. Although regulatory bills like the CLARITY Act help clarify the legal framework of the crypto industry, which can indeed reduce some uncertainties, and the tokenization track has also been long under attention, these factors are difficult to drive revenue growth in the short term.

This institution has also become more conservative regarding certain compliant platforms—downgrading the target stock price from previous expectations to $291. The underlying logic is straightforward: on one side, costs are rising; on the other, core business revenue growth is sluggish. Under such dual pressure, the outlook is indeed not optimistic. The entire crypto trading ecosystem may need to prepare for a long-term battle.