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A recent survey from data aggregator CoinGecko found that only 55% of new crypto owners started with Bitcoin in their portfolio, which analysts say is a sign of a maturing market.  A survey released on Monday of 2,549 crypto participants from data aggregator CoinGecko also found that 10% of respondents have never even bought Bitcoin (BTC). “In other words, Bitcoin has become less likely to be the onboarding mechanism over time, as other narratives and altcoin communities have emerged and gained traction,” CoinGecko research analyst Yuqian Lim said. Only 55% of new crypto owners who responded to CoinGecko’s survey started with Bitcoin in their portfolio. Source: CoinGecko Altcoin entry is a sign of healthy market  Speaking to Cointelegraph, Jonathon Miller, crypto exchange Kraken’s general manager, said investors are starting to onboard through other sectors, such as DeFi or memecoins. “This is testament to the growth and maturity of the crypto ecosystem: Bitcoin is no longer the only major asset, while access is becoming increasingly frictionless and making it easier than ever for newcomers to engage with emerging narratives,” he said.  However, he also thinks that given the growing geopolitical uncertainty, ongoing monetary debasement, and Bitcoin’s reputation as the “soundest form of money,” users who initially avoided it will likely circle back.  “Over time, many crypto market participants initially drawn in by more speculative trends will come to recognize Bitcoin’s enduring importance and adjust their portfolios accordingly.” Why altcoins appeal Hank Huang, CEO of quantitative trading firm Kronos Research, told Cointelegraph that investors who bypass Bitcoin on their first foray into the market are often lured by the low unit costs of altcoins and the stronger sense of community they offer. CoinGecko’s survey found that 37% of respondents entered the space through altcoins, rather than Bitcoin.   Source: CoinGecko “As crypto adoption…

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Filed under: News - @ September 28, 2025 1:20 am