Grayscale recently released a 2026 outlook report, with the core focus on US cryptocurrency legislation. There are signs of cooperation between the two parties on structural bills. If they can be officially promoted, it will be a turning point for the entire market—institutional funds will be more willing to enter, and the asset compliance process will accelerate. The regulatory framework is becoming clearer, and the initial signs of orderly industry development have already appeared.

As for quantum computing, Grayscale's assessment is: there's no need to worry too much. This technology is still far from practical application in 2026 and will not have a substantial impact on asset prices. In simple terms, new legal frameworks, new sources of funding, and new market cycles are leading the crypto industry through a major institutional transformation.