Grayscale: 2026 Crypto Market Focuses on US Regulatory Legislation and the Threat of Quantum Computing

PANews reported on December 30th that Grayscale's report indicates the crypto market will enter a correction phase in Q4 2025, with all six major crypto sectors experiencing negative returns. Privacy-related assets outperformed other sectors, especially Zcash (ZEC). As blockchain technology becomes increasingly integrated with traditional finance, the demand for privacy tools is becoming more apparent. The continued growth in the usage of Zcash's "block account" feature demonstrates the rising market demand for privacy functionality.

Other outstanding privacy assets include Monero (XMR), Decred (DCR), Dash (DASH), Basic Attention Token (BAT), and Beldex (BDX). Among them, Dash's daily trading volume doubled in Q4, BAT's Brave browser has over 100 million monthly active users, and Beldex integrated LayerZero to achieve cross-chain interoperability.

Looking ahead to 2026, the market is focused on two main themes: first, the US Congress's legislation on the structure of the crypto market, which is expected to become law and provide traditional financial rules for the crypto capital market; and second, the potential threat of quantum computing to blockchain encryption methods. Although quantum computing technology is still in its early stages, it may prompt the market to assess blockchain's ability to address quantum challenges.

According to previous reports, Grayscale stated that privacy coins dominated the top-performing tokens in Q4 of this year .