Crypto is increasingly moving towards regulation and 'white' money. Exchanges like Binance, OKX, Bybit are gradually tightening KYC and transaction control — anonymity is decreasing. However, this attracts large funds: funds, banks, institutions.
The main market focus:
BTC and ETH - as 'digital gold' and the base of the ecosystem
stablecoins (USDT / USDC) - for settlements and P2P
growing interest in RWA (real assets on the blockchain) and infrastructure
At the same time, P2P lives its own life: there is demand, but the risks with banks and AML are higher, so limits, split payments, and different banks are used more often.
Overall, the market has matured:
less hype - more pragmatism.
Crypto is increasingly used as a tool, not as a lottery.

