Key Highlights:
- Simon Kim, CEO of Hashed, says that this bearish phase does not worry him.
- The regulatory guidelines are changing and are being designed to support crypto’s growth, hence there is no threat to the existence of crypto currencies.
- Kim is urging people to stay strong as it will not take long for the prices to rebound.
Simon Kim, the CEO of South Korea’s blockchain venture firm Hashed, shared his thoughts on the market downturn today, November 18, 2025, on social media platform X. According to his post, for him, this bear phase feels very different from the ones that have come before this and it does not genuinely worry him. He is pointing towards the changes in the market that signal a new phase for crypto, suggesting this downturn may not be like the ones before.
To be honest, having ridden every rollercoaster in crypto since 2015, this is the first bear market that doesn’t genuinely scare me. Sure, looking at my portfolio still stings—that’s the fate of any bear market. But this time is fundamentally different.
In every previous bear…— Simon Kim (@simonkim_nft) November 18, 2025
No More Existential Threats
Kim with his tweet is explaining the shift, “The threat felt real—governments might unite to ban crypto assets entirely, or some new global ledger technology could emerge to replace blockchain altogether.” According to him back in the day, there was a constant threat that one day the cryptocurrencies might just disappear if the governments come together but things have changed over the years. The landscape that exists today is extremely different than how it was.
The regulations are changing and improving with every passing day. The regulations are now being designed to support crypto’s growth instead of threatening its existence. He comments in his tweet stating “Global regulation is evolving to foster growth alongside the industry rather than suppress it.”
Institutional Adoption and Symbolic Milestones
Kim is implying that crypto is gaining legitimacy and attracting serious institutional attention. He highlighted this trend, saying “The fact that IBIT represents the largest position in Harvard’s endowment portfolio is highly symbolic.”
Harvard has put in a major chunk in IBIT. This is a proof that more and more institutional investors are recognizing digital assets, and helping the market strengthen its long-term foundation.
Stablecoin Breaking Records and Expanding Use
Stablecoins have become a central part of this development. The CEO of Hashed thinks that stablecoins will drive mainstream adoption and it is already taking shape. Recent initiatives, like OKX allowing stablecoin payments via GrabPay in Singapore and Mastercard integrating stablecoins through Fiserv for merchant settlement, shows digital assets being pushed beyond exchanges and into everyday applications. This trend indicates the growing legitimacy and real-world utility of stablecoins.
Kim also states his long-term vision and predicts, “By 2030, stablecoin issuance will have grown dozens of times from today’s levels. Billions of people worldwide will gain exposure to digital assets not through exchanges, but through everyday fintech and big tech applications.” He expects people to gain digital asset exposure world wide. However, he does not want people to have exposure through exchanges but through everyday fintech and big tech applications.
Tokenization and On-chain Prosperity Are Inevitable
Even though there have been ups and downs in the crypto market, the long-term growth of the on-chain ecosystem is inevitable. The fundamentals such as tokenization of assets, DeFi protocols, and blockchain infrastructure, are advancing steadily, but the underlying digital economy is progressing irreversibly.
For example, real-world assets are being tokenized on platforms such as tZERO and Securitize, while DeFi protocols such as Aave and MakerDAO continue to grow, with TVL exceeding $50 billion in 2025. Institutional players like BlackRock and Fidelity are also offering crypto products, signalling growing mainstream adoption. To convey this message, in the tweet Kim has stated “Everything is being tokenized. The prosperity of the on-chain ecosystem is already predetermined.”
Prices Will Catch Up with the Fundamentals
According to Kim, the prices of the tokens might be down today but the long-term projection looks positive. In his post, he urges people to be patient and states “Let’s have patience and wait just a bit longer. It won’t take long for prices to rebound and catch up with these fundamentals.” He is trying to make a point that technology and ecosystem are now stronger than ever and the crypto market is growing steadily, beyond short-term worries.
Also Read: Bitwise CEO Says Bitcoin Price Movement Contradicts Past Trends