Crypto Bull Market Surges 76% Post 2024 Elections Driven by Regulatory Shifts

Crypto markets are currently experiencing significant growth due to regulatory shifts, but there are still long-term opportunities that remain largely untapped, according to Alex Svanevik, CEO of Nansen. Speaking at the SCB10X’s ReDeFine Tomorrow 2025 conference on July 18, Svanevik highlighted that while regulations are beginning to catch up with decentralized finance (DeFi) innovation, there is still a significant lag between the pace of blockchain development and the regulatory response.

Svanevik noted that the ongoing crypto bull market demonstrates that regulation is a key catalyst for growth. Since the 2024 elections, Bitcoin (BTC) has surged from $70,000 to an all-time high of $123,091. However, he emphasized that traditional finance and politics operate on much slower timelines compared to the rapid pace of crypto, sometimes taking quarters or years to fully integrate innovations. Understanding this dynamic lag is crucial for spotting long-term opportunities in the crypto space.

Svanevik believes that the next major opportunity in the crypto industry will come from tokenized stocks and real-world assets (RWAs). He speculates that the true breakthrough will come from regulatory clarity that allows for the tokenization of real equity and assets, rather than just speculative memecoins. "What will 10x or 100x blockchain value is getting equity and real-world assets on-chain," Svanevik stated.

Real-world assets have become one of the fastest-growing segments of the crypto market in recent months. The estimated value of RWAs reached $24 billion, with private credit cited as a major driver of the recent surge in the asset class. This growth underscores the potential for tokenized RWAs to significantly increase the value of the blockchain industry.

Svanevik's insights suggest that while the current crypto bull market is driven by regulatory shifts and the emergence of promising Layer 1 (L1) projects, the true potential of the industry lies in the tokenization of real-world assets. As regulatory clarity improves, the ability to tokenize equity and assets on-chain could lead to a 10x or even 100x increase in blockchain value. This presents a significant opportunity for investors and innovators in the crypto space to capitalize on the long-term growth potential of the industry.