Cryptocurrency analyst Michaël van de Poppe has issued a stark warning that most altcoins may not survive until 2026. He attributes this to poor token economics and the ongoing bear market, which has seen many altcoin prices plummet by 90%. Van de Poppe likens the current situation to the dot-com crash, suggesting that while many projects will fail, strong ones like Arbitrum could still thrive despite current price declines. The analyst also highlighted that increasing institutional adoption is putting additional pressure on weaker projects.