CoinGecko CEO Bobby Ong has indicated that the cryptocurrency market is in the middle stages of its current expansion cycle, with Bitcoin rebounding significantly from its 2022 lows, achieving nearly a tenfold increase. Ong attributes this phase to renewed optimism, easing U.S. regulations, and increased institutional involvement. Ong also emphasized the influence of macroeconomic factors, such as interest rate cuts, on the market's trajectory. He cautioned against expecting this cycle to deviate from the typical four-year pattern. Additionally, Ong noted on-chain trends, including the rise of meme coins and AI tokens, and a shift in blockchain competition from Solana versus Ethereum to Solana versus Base.