Venezuela Sparks 2026 Crypto Market Shift, TGE Reactions Mild

Crypto enters 2026 with fresh questions after a volatile 2025, Tiger Research says
Cryptocurrency markets are starting 2026 on a more constructive footing after a turbulent 2025 that produced both record-setting moments and sharp reversals, according to an outlook from Tiger Research focused on institutional perspectives.
The firm frames the new year as a period of new questions and opportunities following a cycle in which the market’s largest assets diverged in performance and narrative.
In 2025, Bitcoin reached historic highs before retreating, highlighting how quickly sentiment can shift even during broadly constructive phases for the sector. Ethereum, meanwhile, struggled to translate technical achievements into market momentum, underscoring a recurring tension between network progress and investor expectations. BNB emerged as an unexpected winner, a reminder that market leadership can rotate beyond the most closely watched assets.
Tiger Research’s institutional-oriented outlook points to a market landscape shaped by uneven performance across major networks and a reset in expectations heading into 2026. With the prior year’s volatility still recent, the focus entering the new cycle is less about a single, unified narrative and more about how different assets and ecosystems are positioned as conditions evolve.
