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Bitcoin will never fall below $60K again, Nansen CEO says

In an interview, Nansen founder and CEO Alex Svanevik said crypto is entering a “real-world” phase with tokenized assets and more trading linked to traditional benchmarks.

Reported · Written up by our desk · Market Structure

Cointelegraph reports that Nansen founder and CEO Alex Svanevik said Bitcoin will never dip below $60,000 again, arguing that the industry is maturing beyond earlier “get rich quick” narratives.

Svanevik tied his outlook to a shift toward real-world use cases, saying blockchains now have growing room for non-crypto assets, including tokenized stocks and trading activity that resembles indexes such as the S&P 500 and platforms like Hyperliquid, according to the outlet.

He also said Solana remains one of the strongest long-term blockchain ecosystems despite its reputation as a hub for meme coins, adding that the team behind the network is positioned to compete broadly, as described by Cointelegraph.

The interview further highlighted Svanevik’s bullish view of an Ethereum layer-2 ecosystem referred to as Robinhood chain, which the outlet says launched on July 1 this year.

Latest closeBitcoin $65,015.34 ▲0.2%|Ethereum $1,920.59 ▲0.4%|Solana $76.25 ▲3.5%

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