《VanEck: The Current AI Infrastructure Boom Is Not a Bubble, Crypto Market Slump Stems from Institutional Disappointment in L1s》 (Translated by Deep Tide) VanEck's Head of Digital Asset Research, Matthew Sigel, pointed out that NODE has outperformed Bitcoin by nearly 100% over the past 15 months, driven by early miners transitioning to AI data centers. The market shifted from being driven by 'high capital expenditure' in the first five months to being punished starting in June, putting pressure on soft assets like Bitcoin. AI infrastructure is not a bubble, supported by long-term private leases and data center backlogs. The rise of enterprise chains has weakened the winning attributes of L1s. If the CLARITY Act achieves information disclosure, it could trigger a massive relief rally. Read the full article: https://www.(wublock123.com)/articles/article-59363