CEO of Galaxy Digital bets on SOL, ETH, and BTC for the next growth wave

Mike Novogratz, a former partner at Goldman Sachs and currently the CEO of Galaxy Digital, has just outlined a bold vision for the next turning point in the crypto market.

He asserted that the era of waiting for widespread acceptance of crypto is over, as the advancements in promoting BlackRock's ETF along with the public support from Larry Fink have finally brought Wall Street officially into the world of digital assets.

Unlike the easily predictable four-year cycles that have shaped the market, Novogratz predicts that the new phase will be defined by a unique combination of regulatory clarity, tokenization, and corporate integration. According to him, banks and large corporations will accelerate the transition from traditional accounts to blockchain wallets, while future portfolios will flexibly combine traditional securities with tokenized assets such as stocks, bonds, and loans.

CEO of Galaxy Digital: Mike NovogratzNovogratz also argued that the strength of the community remains the core value driver of crypto. He cited XRP and Cardano as networks that have developed thanks to the loyalty of supporters, rather than universal utility. Even "giants" like Tesla or MicroStrategy, he claims, currently operate with a similar "cult-like drive" as crypto, helping to maintain sustainable valuations.

He focuses his trust on four key assets: Bitcoin, Ethereum, Hyperliquid, and Solana. Among these, Solana is particularly highly regarded by him, with the potential to become the foundation for the global capital market, thanks to strong interest from high-frequency trading firms like Jump Capital.

Despite acknowledging the global risks and being cautious about the high stock valuations, Novogratz still believes that the upcoming bull cycle will end spectacularly. He describes the forthcoming frenzy as "crazier than you can imagine," with the potential to push Bitcoin to the $200,000 mark.

According to him, the trigger factor could come from Washington: if the Federal Reserve (Fed) loses its independence under political pressure — for example, when President Trump appoints a dovish Fed chair and pushes for early interest rate cuts — gold and Bitcoin could simultaneously explode, as investors begin to lose faith in the dollar.

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