BlockBeats News, August 8th, Nansen CEO and Founder Alex Svanevik stated that the current price of Bitcoin, around $60,000, may have marked the low point of this cycle, saying, "I personally don't think Bitcoin will go back below $60,000. I think that ship has sailed, and I think it's permanent." Alex Svanevik said this assessment is based on Bitcoin's positioning as a global central bank reserve expansion hedge, and he has not seen any signs indicating the end of the global monetary easing cycle. At the same time, the crypto industry is undergoing a fundamental transformation, as crypto assets have moved from the era when they were just toys in the world of blockchain to the real-world era.

On the public blockchain ecosystem level, Svanevik is bullish on Solana for the long term, stating that viewing it merely as a meme coin chain is completely absurd. He believes Solana has the "possibly most effective BD team" and an "incredible team" behind it. However, Svanevik refuses to translate this assessment into a specific price prediction for SOL — "Intuitively, one would think it will rise, but I can't be sure."

Svanevik also has a positive view of Robinhood Chain, which just launched in July this year, believing that with its excellent user distribution capabilities, it is emerging as a strong competitor to Base. However, Svanevik believes Robinhood is unlikely to issue a token — on the one hand, it doesn't need to, and on the other hand, as a Nasdaq-listed company, issuing a token would be logically contradictory to its own stock, "All value should be channeled into the HOOD stock."