At the fifth anniversary celebration of BNB Chain, Binance founder Changpeng Zhao (CZ) shared his outlook on the future of digital assets, stressing that the industry remains in its formative years despite its growing visibility.
Drawing parallels to Bitcoin’s early days, Zhao reminded attendees that when BTC traded between $1 and $100, liquidity was virtually absent and wild daily swings of up to 60% were normal.
Today, he noted, cryptocurrencies are frequently in the headlines, yet mainstream participation is still limited, with only a small fraction of people holding digital assets — and even then, crypto accounts for less than 1% of their portfolios.
Zhao emphasized that adoption is not something that can be rushed. He argued that a solid foundation requires building liquidity and a user base gradually, beginning with a loyal core community before expanding outward.
According to him, timing and strategic investment decisions play a critical role in long-term success.
Looking ahead, Zhao pointed to the importance of innovative financial products and institutional partnerships as the next catalysts for mass adoption.
Stablecoins and tokenized real-world assets, he said, will be instrumental in making crypto accessible to broader audiences.
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Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.
Source: https://coindoo.com/binance-founder-sees-crypto-market-still-in-its-early-days/