Bitcoin No Longer First Choice as Crypto Onboarding Evolves

Bitcoin No Longer First Choice as Crypto Onboarding Evolves

Table of Contents

A recent survey from the Coingecko data complex found that only 55 % of new encryption owners started with Bitcoin in their wallet, which analysts say a sign of a maturity market.

A poll issued on Monday from 2549 encryption participants from the CONINECKO Data Complex as well Find 10 % of the respondents did not buy bitcoin (BTC).

“In other words, Bitcoin has become less likely to navigate over time, as other novels and Altcoin societies have appeared and gained traction,” said Coingcko’s research analyst Lim Lim.

Only 55 % of the new encryption owners who responded to Coingecko wipe with Bitcoin began in their wallet. source: Co Ringecko

Altcoin is a health market sign

Speaking to Cointelegraph, Jonathon Miller, General Manager of Crypto Exchang Krakeen, said that investors have started to do so On board other sectorsLike Defi or Memecoins.

He said: “This is evidence of the growth and maturity of the ecosystem for encryption: Bitcoin is no longer the only main assets, while arrival has become increasingly friction and makes it easy for newcomers to communicate with emerging accounts.”

However, it is also believed to be growing Geopolitical uncertaintyThe continuous Debasement, and Bitcoin as “the most common money forms”, are likely to avoid users who initially avoided this.

“Over time, many participants in the encryption market will initially learn about more speculative trends to recognize Bitcoin’s permanent importance and control their wallets accordingly.”

Why Altcoins call

Hank Huang, CEO of Crohnos, quantum trading research, told Cointelegraph that investors Bitcoin Its first invasion is often seduced by the costs of the low unit of Altcoins and the most powerful feeling of the community they offer.

The Coingecko poll found that 37 % of the respondents entered the space via altcoins, instead of Bitcoin.

Current currencies, data
source: Co Ringecko

“With the growth of encryption adoption, a greater number of bitcoin investors will exceed, and they are attracted to the lower altcoins and vibrant societies. This reflects a mature market as the diversification leads participating,” Huang said.

“The noise is attracted towards Sol, ETH and Memecoins, and Bitcoin turns from the virtual entry point to only one of many coding destinations.”

In the long run, HUANG predicts the future of Crypto that will not only depend on Bitcoin, as it faces competition from new frameworks, and adoption is increasingly driven by “diverse ecosystems where innovation, culture and society are often concerned.”

Users may be afraid that they have missed the boat

Tom Brunei, head of the markets on the social media platform, told Cointelegraph that a lack of understanding and The price of bitcoin is often high It can also be factors.

He said: “While the encryption citizens believe that the industry is still in its cradle, the spectators may feel that if they do not acquire Bitcoin at lower levels, the boat has already been accused, as it was traded with more than 100,000 dollars.”

“This last group of Taurus has seen a great performance from some altcoins, and the desire to find” cheaper “encryption from Bitcoin to invest in it that led people to more danger in Altcoin and Memeco market.

Bitcoin was ever multiple levels in 2025, with The last time on August 14 When I crossed more than $ 124,000 for the first time.

At the same time, Brunei said Bassem altcoins, stablecoinsOther relevant Blockchain technologies grow, the dominance of bitcoin should shrink, but it is always possible to be “anchor in the governor of many people.”

Related to: Crypto needs to remove friction for the following billion: Coinbase

“In the end, the performance is led by allocating decisions, as long as the bitcoin revenues keep pace with the rest of the ecosystem, it is unlikely that there are more people who are not exposed to zero,” he said.

“At the present time, the performance is good, but if the market is slipped, it may serve as an incentive for people to retreat to Bitcoin as a more stable and foundational encryption option.”

Bitcoin zero coin will not last for a long time

Speaking to Cointelegraph, Qin En Looi, the administrative partner of the Onigiri Capital, said that the first adopters already own Bitcoin, while the late majority will only come once it is included in the traditional financial system, it can be accessed through banks, wealth managers or retirement products.