Nansen CEO Alex Svanevik says Bitcoin will not revisit $60,000

Nansen founder and CEO Alex Svanevik said Bitcoin is unlikely to fall below $60,000 again and that the level may already represent the low of the current cycle. He said the crypto industry is moving from a "toy world" into a "real world" phase in which onchain activity extends beyond native crypto assets, with tokenized stocks and trading tied to indexes such as the S&P 500 becoming more mainstream. Svanevik also reiterated his long-term optimism on the Solana ecosystem, rejecting the idea that it should be seen mainly as a memecoin chain and arguing that it is backed by a strong team and remains one of the most competitive ecosystems over the long run.

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