Coinbase Institutional highlights the next big things
Crypto markets are entering a phase where activity concentration matters more than narrative momentum, according to a new outlook from Coinbase Institutional that frames 2026 as a test of whether crypto’s core markets can scale under more disciplined conditions.
The report, written by global head of research David Duong and research associate Colin Basco, argues that familiar crypto cycle models — built around retail speculation, token launches and protocol-specific catalysts — are becoming less reliable as institutional participation and market plumbing play a larger role in shaping price behavior.
Perpetual futures increasingly anchor price discovery
Coinbase identifies perpetual futures as a central pillar of crypto market…
