Crypto's Resilience: Galaxy Digital Sees Bright Future Amid Market Turbulence

A Night of Unprecedented Liquidations

The turbulence of October 11, 2025, was a jarring experience for many in the cryptocurrency arena. With over $19 billion liquidated overnight, some feared the worst for the digital economy. Yet, according to Galaxy Digital’s head of research, Alex Thorne, these fears might be premature. The fundamentals remain unfaltering even as the market rides a rollercoaster of volatility.

Enduring Growth Drivers

Thorne’s optimistic take sheds light on the long-term growth drivers that persist despite the recent downturn. His confidence lies primarily in the advancements brought by artificial intelligence and the robust involvement of major corporations and the US government in funding digital innovations. These stakeholders provide a backbone to the market that could weather temporary storms.

Bitcoin: The Digital Gold Standard

Amidst the upheaval, bitcoin continues to shine in Thorne’s estimation, holding its status as “digital gold.” He posits that as trust in fiscal and monetary policies dwindles, bitcoin could become even more enticing. Its resistance to traditional market fluctuations and macroeconomic uncertainties positions it uniquely for the savvy investor.

Exciting Prospects for Ethereum and Solana

Further bolstering the outlook for the cryptocurrency space is the anticipated progression in tokenization, stablecoins, and regulatory shifts in the United States. Thorne highlights Ethereum and Solana as key beneficiaries of these trends. These factors may lay the foundation for a resurgence following the current market distress.

Challenges in Digital Treasuries

While optimism reigns for some aspects, Thorne acknowledges the decline in interest surrounding digital treasuries (DATs). The drop in share value has led to a reduced pool of committed investors, leaving this segment exposed to short-term volatility. However, such challenges may pave the way for market self-corrections and future stability.

Future Prospects

As markets cycle and analysts adjust their lenses, CryptoQuant recently observed that bitcoin has entered the late stage of its bull cycle. According to incrypted, the inherent strength of cryptocurrency, coupled with prudent policy and technological integration, may see it rise from the ashes of its present obstacles. The future of digital finance holds the promise of not just recovery but unprecedented growth and resilience.