The post The Next Crypto Bull Run Won’t Be About Coins or Viral Hype appeared on BitcoinEthereumNews.com.

Crypto bull cycles over the past 5 years have been mostly about token speculation and, more recently, institutional adoption. But the next cycle will be dominated by real-world applications, according to Clem Chambers – founder of ADVFN, Europe’s leading stocks and markets website Speaking at BeInCrypto’s Markets Intelligence Council, Chambers argued that the industry is moving past its trading-driven cycle. “That era has probably ended and certainly is coming to an end. And then that will be replaced by use cases,” he said, pointing to a structural change in how value is created in crypto. The Trade Is Crowded, The Utility Isn’t His comments come as the current cycle shows clear divergence between price action and underlying activity. Bitcoin and Ethereum continue to attract institutional flows, especially in a post-ETF environment.  However, capital is concentrating at the top, while mid-tier tokens struggle to hold attention or liquidity. At the same time, a different layer of the market is gaining traction. Tokenized real-world assets, stablecoin-based payment rails, and blockchain infrastructure tied to AI and data are seeing steady growth.  These sectors generate usage, fees, and in some cases, real revenue — something most speculative tokens failed to deliver in previous cycles. Raoul Pal Declares Bitcoin’s Traditional 4-Year Cycle Over – Parabolic Surge Incoming! In a bold shift from conventional crypto wisdom, Real Vision founder and macro strategist Raoul Pal has proclaimed the end of Bitcoin’s predictable 4-year halving-driven cycle. pic.twitter.com/tYaKiM2wN1 — Austin Hilton (@austinahilton) November 27, 2025 Forget Tokens, Think Products Chambers framed this shift bluntly.  “Forget Fi and look for apps, not Fi, apps, applications of tokens and blockchains,” he said.  Earlier cycles focused on financial primitives — DeFi protocols, yield farming, and token trading. The emerging trend centers on applications that users interact with directly, often without focusing on…

---

Filed under: News - @ April 2, 2026 2:19 am