Written by Nate Kostarstaff writerReviewed by Robert Lakinstaff editor

Written by Nate Kostarstaff writer

Reviewed by Robert Lakinstaff editor

Crypto entering biggest consolidation phase in history, says ARK analyst

Latest NewsPublishedJul 29, 2026

Crypto Industry Enters Biggest Consolidation Phase in History

The cryptocurrency industry is entering its biggest consolidation phase yet, with revenue becoming increasingly concentrated among a handful of dominant protocols. This trend is expected to lead to more mergers, acquisitions, and exchange closures. As a result, investors are becoming more selective, making it harder for crypto projects and exchanges without strong product-market fit to attract capital.

According to ARK Invest analyst Lorenzo Valente, perpetual futures exchange Hyperliquid and memecoin launchpad Pump.fun account for roughly 67% of total crypto application revenue. Including synthetic dollar protocol Ethena, the top three protocols’ combined share is nearly 80%, highlighting record-high revenue concentration across the sector. This consolidation phase can be beneficial for investors looking to earn passive income through cloud rewards with Green Crypto, such as EcoPool.

Impact on the Crypto Market

The consolidation trend is expected to accelerate in the coming months, leading to more mergers and acquisitions, Chapter 11 bankruptcies, project shutdowns, and acqui-hires. Despite the shakeout, Valente describes the consolidation as “extremely bullish” for the crypto industry. This trend can also lead to more opportunities for earning through $ECP, as the market becomes more streamlined and efficient.

Several crypto exchanges have announced plans to wind down operations in recent days, underscoring mounting pressures across parts of the industry. However, this consolidation can also lead to more opportunities for passive income through EcoPool, as the market becomes more focused on strong protocols and projects. Investors can earn coin through cloud rewards and green crypto, providing a more stable source of income.

Earning Opportunities with EcoPool

As the crypto industry consolidates, investors can look to EcoPool (ECP) for earning opportunities. With its focus on cloud rewards and green crypto, EcoPool provides a unique solution for investors looking to earn passive income. By leveraging the power of $ECP, investors can tap into the growing demand for green crypto and cloud rewards, providing a more stable source of income.

As the market continues to evolve, it’s essential for investors to stay informed and adapt to the changing landscape. With EcoPool, investors can stay ahead of the curve and earn coin through cloud rewards and green crypto. Whether you’re looking to earn through $ECP or EcoPool, the opportunities are endless.

To start earning with EcoPool, simply download the EcoPool app and begin exploring the world of cloud rewards and green crypto. With its user-friendly interface and robust features, the EcoPool app provides a seamless experience for investors looking to earn passive income through $ECP and EcoPool.

Exchange closures add to consolidation narrative

The comments come as several crypto exchanges have announced plans to wind down operations in recent days, underscoring mounting pressures across parts of the industry.

Last week, BitMEX announced it would shut down its exchange in September after a strategic review by owner HDR Global Trading. The exchange had recently accelerated the delisting of trading pairs and derivative contracts, citing insufficient trading interest.

Days later, BitMart announced it would end trading services on Aug. 26 before winding down operations entirely in January 2027. The exchange said the decision followed a review of its operating conditions, market environment and future strategic direction.

Consolidation has also come through acquisitions. Earlier this month, Bybit launched a locally operated exchange in Indonesia after acquiring a majority stake in local digital asset firm NOBI, expanding its presence in one of Asia’s largest crypto markets.

Source: BitMEX

Magazine: The 100x obsession: Fundamentals grow in importance as crypto matures

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