A pseudonymous crypto analyst known as X Finance Bull said May 24 that the next wave of crypto adoption will come from infrastructure projects with real-world use cases — not from hype-driven meme coins. The analyst pointed to networks like XRP, Stellar, and Ondo Finance as examples of protocols that are quietly replacing trillion-dollar legacy systems.
Which projects made the cut
X Finance Bull listed several networks serving distinct functions: XRP as a global settlement layer that clears payments in three to five seconds, Stellar (XLM) as a bridge currency for cross-border transfers focused on financial inclusion, and Ondo Finance as the leader in tokenized real-world assets. Solana, Chainlink, Cardano, and Algorand also made the list. The analyst argued that these networks are replacing legacy infrastructure worth trillions, not just competing for speculative trading volume.
Tokenized real-world assets take the stage
Ondo Finance currently commands the largest DeFi-native share of tokenized government securities through its OUSG and USDY products, and has expanded into tokenized US stocks and ETFs. A Standard Chartered report projects the tokenized real-world assets market will hit $30.1 trillion by 2034. That kind of projection puts Ondo and similar projects in a different league from the meme-coin frenzy.
Long-term holds vs. quick flips
The analyst drew a sharp distinction between utility tokens and meme coins. Utility crypto prices grow through compounding, rising weekly with new partnerships and integrations, the analyst said. They are long-term holds. Meme coins, by contrast, are volatile and driven by hype. The timing of the statement matters — tokenized assets and payment networks are gaining traction with institutions, even as retail attention remains fixed on short-term bets.
No specific timeline or price targets were given. But the analyst's bet is clear: the projects that actually move money and assets will outlast the ones that just move sentiment.
