Arthur Cheong, a seasoned crypto investor and CEO of DeFiance Capital, has shared his insightful perspective on the future of digital assets. He suggests that the crypto market may be entering a new phase, mirroring the growth pattern of the S&P 500 after the 2008 financial crisis. This means that instead of experiencing drastic drawdowns and multi-year bear markets, crypto assets may adopt a more stable and steady growth trajectory.

Cheong's thesis implies that future bull markets will no longer lift all boats, and most altcoins may not witness massive rallies like in previous cycles. Instead, a few winners will deliver exceptional returns, while others may disappoint. He emphasizes that altcoins must carve out their own paths to success, and their value will depend on factors like mass adoption and regulatory clarity.

The investor believes that market conditions are about to improve for crypto, with both Bitcoin (BTC) and Ethereum (ETH) being undervalued due to their clear regulatory status and potential for traditional finance (TradFi) demand. He notes that the recent conclusion of the U.S. Securities and Exchange Commission's (SEC) Ethereum 2.0 investigation is a positive sign for the market.

Cheong's predictions suggest a shift in the crypto market's dynamics, where steady growth and maturation replace wild swings and speculation. This new era may require investors to adopt a more nuanced approach, focusing on long-term value and fundamentals rather than short-term gains. As the crypto market continues to evolve, Cheong's insights offer a thought-provoking perspective on what the future may hold.