Tokenization Supercycle to Fuel Next Crypto Bull Run in 2026, Bernstein Analysts Predict

Analysts at Bernstein forecast a major "tokenization supercycle" that will propel the cryptocurrency market to its next significant growth phase around 2026. The report highlights that the tokenization of real-world assets (RWAs) is transitioning from a niche concept to a mainstream financial driver. This shift is expected to unlock trillions of dollars in value by bringing assets like private equity, real estate, and government bonds onto blockchain networks. Bernstein emphasizes that this fundamental evolution, moving beyond speculative trading, will create sustainable demand for crypto infrastructure and serve as a key catalyst for the next leg higher in the market cycle.