BlockBeats News, July 20th. Crypto KOL Ansem posted, stating that despite the current market being in a pullback phase, this cycle has multiple conditions that could drive mass retail participation.

Ansem pointed out that Solana has currently retraced about 75% from its all-time high, Bitcoin has retraced about 50% from its peak, but the industry's infrastructure and user experience have significantly improved since the last cycle, including a more mature mobile trading experience, easier cross-chain functionality, and lowered barriers to entry for new users.

He mentioned that in this cycle, more high-quality developers are building projects through a combination of tokens and equity. Meanwhile, institutional interest in RWAs (Real World Assets), the "Clarity Act" regulatory framework, and the crypto strategies of traditional tech companies like Stripe and Robinhood is steadily increasing.

Ansem believes that the skyrocketing of AI stocks in recent years, along with examples of meme coins creating wealth effects in the crypto market, is enhancing market attention on short-term trading opportunities. Previously, some meme coins went from zero to a market capitalization of hundreds of billions of dollars, while current popular meme projects are still in a stage of low circulating market cap.

He stated that with the development of perpetual contracts, institutional-grade trading products, and the trading ecosystem for meme coins and low-cap tokens, this cycle may attract both institutional investors and high-risk retail participants.

Ansem noted that if teams can successfully advance the layout of mobile applications, it will further attract new users who have not entered the crypto market before due to complex operations, driving this cycle to become one of the cycles with the largest retail participation.