The post Austin King Explains Why the Next 2 Years Are Critical for Crypto’s Future appeared first on Coinpedia Fintech News
Big changes are coming to crypto – at least if you ask Austin King, cofounder of the Omni chain. After attending the XRP Las Vegas event, King shared a bold prediction that’s making waves across the industry: “The next two years will change crypto forever.”
From clear regulations to rising institutional interest, King believes we’re entering a turning point that will push crypto into its next major chapter.
Regulatory Clarity Is Almost Here
According to King, the U.S. government is finally getting closer to providing clear crypto regulations. This could be a major breakthrough for the industry, which has spent years operating under uncertainty.
He sees this aligning with the growing involvement of major financial players. Institutions like BlackRock and Fidelity have already launched Bitcoin and Ethereum ETFs, and Michael Saylor’s Bitcoin strategy continues to gain traction.
King believes this shift will help legitimize crypto in a way that unlocks long-term growth and adoption.
Institutions Are Changing Their Tune
King also reflected on how much has changed in the past decade. He noted that for years, crypto had to defend itself against criticism from central banks, regulators, and traditional financial institutions that didn’t believe in it.
Now, many of those same institutions are investing. Tesla’s $1.5 billion Bitcoin purchase in 2021, followed by some selling, and involvement from companies like SpaceX show how institutional interest is growing fast.
King called it a “stunning pivot,” and said this shift is creating some of the biggest opportunities he’s ever seen in his eight years in crypto.
Real Projects Will Lead the Next Wave
King also pointed out that a major change is happening within the industry itself.
For years, many crypto companies focused heavily on marketing without delivering real value. But now, that’s starting to shift. King believes we’ll soon see a big move of capital away from hype-based projects and into those creating real-world impact.
“Over the next 2 years, you’ll see a significant amount of liquidity rotate from marketing-based companies to projects driving real-world impact,” he predicted.
This gives forward-thinking networks a huge edge.
Crypto Has a Big Role to Play
King is hopeful about the future of cryptocurrency as he sees it as a reconstruction of the global financial system.
The sector is expected to grow at an exceptional rate as adoption picks up speed and stability approaches. He thinks that the function of cryptocurrency in the world will be redefined in the next two years.
Will his predictions come true? Time will tell. But if he’s right, the crypto space is heading for a massive evolution.
