X @Ignas | DeFi

Crypto Industry Progress - Crypto industry's current cycle focuses on institutions, laws, and infrastructure, contrasting with the previous cycle's emphasis on NFTs and DeFi summer [1] - The industry anticipates real adoption to commence now [1] Regulatory and Institutional Developments - Spot BTC & ETH ETFs launched in the US and globally, including Hong Kong, Brazil, and Australia [2] - Pro-crypto lobbying efforts in the US led to the ousting of crypto critics [2] - The GENIUS Act, FIT21, and the ending of SAB-121 were passed [2] Payment and Scaling Solutions - Payments players like PayPal, Stripe, Visa, and Mastercard integrated crypto and stablecoins [2] - Robinhood is developing an Ethereum L2 solution [2] - Blockchains are scaling, with increased Ethereum throughput, L2 fees at cents, and a more stable & faster Solana [2] - Circle IPO'd [2]