Will the next crypto market surge be fueled by individual retail investors or a new breed of institutional players? A prominent analyst believes that the script for the next cycle might be flipping, as smaller companies and funds are poised to become the primary drivers of price action. 2017 and 2021 saw a surge fueled by retail traders, but Julio Moreno’s prediction suggests a shift towards institutional-driven market forces. This could alter how we experience crypto booms. The analysis focuses on why this is likely the case: institutional investors, such as funds, corporations, and investment groups, are entering the market more strategically, bringing in larger capital pools, stricter risk management measures, and different investment horizons compared to retail investors. Their approach involves a longer-term perspective and increased focus on well-developed crypto infrastructure and regulation.