The focus of competition in the crypto market in 2026 is no longer whether the technology can run smoothly, but who controls the discourse power of the infrastructure.

Institutional capital and government agencies are accelerating the migration of core business systems onto the blockchain. What does this shift mean? Trillions of dollars in funds require a more stable settlement layer, more transparent on-chain governance mechanisms, and absolute security of asset control. From DEXs to cross-chain bridges, from DeFi protocols to sovereign digital assets, the competition for operational rights at every link is intensifying.

Stablecoins are no longer just trading tools; they are evolving into digital settlement products circulating globally. This trend is now irreversible. The key question becomes: which participants can secure a commanding position in this round of infrastructure development?