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Cryptocurrencies: the market is still in its early stages of development.

Binance CEO Richard Teng shared his insights on how perceptions of opportunities in the cryptocurrency industry are evolving and how he envisions its future.
Cryptocurrencies: the market is still in its early stages of development.

Flexibility and Fluidity of the Boundaries of Possibility

The limits of what people consider possible, likely, or normal never cease to amaze me. These boundaries seem fixed within the collective consciousness until they are questioned, expanded, and new understandings of what is achievable emerge. Here's just one example: in the year 2025, the news that Bitcoin (BTC) has reached the $100,000 mark no longer causes a stir. What seemed unbelievable to many just a couple of years ago has become an everyday occurrence. This scenario has been evident throughout the brief history of cryptocurrencies: yesterday – impossible, today – expected.

A defining characteristic of the current consensus on cryptocurrencies is the fact that reaching the $100,000 milestone and the significant breakthroughs of 2024 that made this possible have become so remarkable and inspiring that some feel as though new goals are already unattainable.