21Shares Lowers 2026 Cryptocurrency Outlook Despite Institutional Adoption Growth

21Shares has lowered some 2026 cryptocurrency forecasts despite growing institutional adoption, citing market underperformance and slower individual investor participation. While infrastructure development has accelerated, challenges like weak price trends, large DeFi attacks, and delayed corporate adoption have made certain targets harder to reach by 2026. Bitcoin's 4-year cycle continues, with price movements following historical patterns post-2025 adjustments. Prediction markets are highlighted as a strong sector, expected to exceed $100 billion in annual trading volume, though industry consolidation has intensified, creating gaps between crypto-inclusive listed companies and smaller holders.