Galaxy CEO: The crypto market must truly build products that users need.

At the Solana Breakpoint conference, Galaxy founder and CEO Mike Novogratz stated that with increasing clarity in crypto market regulations, the industry has entered a critical phase—"it must truly build products that users need." He emphasized that the value of crypto assets is driven by both community and actual growth, and the narrative must be based on practical use and innovation. Despite the volatile crypto market this year, he remains personally optimistic. Just this year, one of Galaxy's clients completed a $9 billion Bitcoin sell-off, with early investors realizing some profits to diversify their portfolios.