Bitcoin now just one of many ways for retail to onboard to crypto

A caller survey from information aggregator CoinGecko recovered that lone 55% of caller crypto owners started with Bitcoin successful their portfolio, which analysts accidental is simply a motion of a maturing market. 

A survey released connected Monday of 2,549 crypto participants from information aggregator CoinGecko besides found that 10% of respondents person ne'er adjacent bought Bitcoin (BTC).

“In different words, Bitcoin has go little apt to beryllium the onboarding mechanics implicit time, arsenic different narratives and altcoin communities person emerged and gained traction,” CoinGecko probe expert Yuqian Lim said.

Only 55% of caller crypto owners who responded to CoinGecko’s survey started with Bitcoin successful their portfolio. Source: CoinGecko

Altcoin introduction is simply a motion of steadfast market 

Speaking to Cointelegraph, Jonathon Miller, crypto speech Kraken’s wide manager, said investors are starting to onboard done different sectors, specified arsenic DeFi oregon memecoins.

“This is testament to the maturation and maturity of the crypto ecosystem: Bitcoin is nary longer the lone large asset, portion entree is becoming progressively frictionless and making it easier than ever for newcomers to prosecute with emerging narratives,” helium said. 

However, helium besides thinks that fixed the increasing geopolitical uncertainty, ongoing monetary debasement, and Bitcoin's estimation arsenic the “soundest signifier of money,” users who initially avoided it volition apt ellipse back. 

“Over time, galore crypto marketplace participants initially drawn successful by much speculative trends volition travel to admit Bitcoin’s enduring value and set their portfolios accordingly.”

Why altcoins appeal

Hank Huang, CEO of quantitative trading steadfast Kronos Research, told Cointelegraph that investors who bypass Bitcoin connected their archetypal foray into the marketplace are often lured by the debased portion costs of altcoins and the stronger consciousness of assemblage they offer.

CoinGecko’s survey recovered that 37% of respondents entered the abstraction done altcoins, alternatively than Bitcoin.  

Source: CoinGecko

“As crypto adoption grows, much investors volition bypass Bitcoin, drawn to lower-cap altcoins and vibrant communities. This reflects a maturing marketplace wherever diversification drives participation,” Huang said. 

“The hype gravitates toward Sol, ETH, and memecoins, turning Bitcoin from the default introduction constituent into conscionable 1 of galore destinations successful crypto.”

Long term, Huang speculates crypto’s aboriginal won’t hinge solely connected Bitcoin, arsenic it faces contention from caller frameworks, and adoption is progressively driven by “diverse ecosystems wherever innovation, culture, and assemblage substance arsenic overmuch arsenic value.”

Users mightiness beryllium acrophobic they missed the boat 

Tom Bruni, caput of markets astatine investment-based societal media level Stocktwits, told Cointelegraph that a deficiency of knowing and Bitcoin’s often rising price could besides beryllium factors.

“While crypto natives judge the manufacture is inactive successful its infancy, onlookers whitethorn consciousness that if they didn’t get Bitcoin astatine little levels, past they’ve already missed the boat, arsenic it has traded implicit $100,000,” helium said. 

“This caller bull tally has seen important outperformance from definite altcoins, and the tendency to find a “cheaper” crypto than Bitcoin to put successful has driven radical further retired connected the hazard spectrum into the altcoin and memecoin markets.”

Bitcoin has deed aggregate all-time highs successful 2025, with the latest coming connected Aug. 14 erstwhile it crossed implicit $124,000 for the archetypal time. 

At the aforesaid time, Bruni said arsenic altcoins, stablecoins, and different related blockchain technologies grow, Bitcoin dominance should shrink, but it volition apt ever beryllium an “anchor successful galore people’s portfolios.”

Related: Crypto needs to region friction for the adjacent cardinal users: Coinbase

“Ultimately, show drives allocation decisions, truthful arsenic agelong arsenic Bitcoin’s returns support gait with the remainder of the ecosystem, it’s improbable that much radical volition person zero exposure,” helium said. 

“Right now, show is good, but if the marketplace slips, it could service arsenic a catalyst for radical to retreat into Bitcoin arsenic the much unchangeable and institutionalized crypto option.”

Zero Bitcoiners won’t past long

Speaking to Cointelegraph, Qin En Looi, managing spouse astatine task superior steadfast Onigiri Capital, said aboriginal adopters already ain Bitcoin, portion the precocious bulk volition lone travel successful erstwhile it’s embedded successful the accepted fiscal system, accessible done banks, wealthiness managers, oregon status products.

“As this infrastructure matures, we’ll apt spot less with zero exposure, but the curve volition beryllium slower than galore expect due to the fact that it depends connected spot being built systematically,” helium said. 

Ultimately, En Looi thinks Bitcoin's relation is evolving, but it won’t ever disappear, due to the fact that it’s the benchmark for the broader crypto market, akin to however golden continues to beryllium a notation constituent successful accepted finance.

“What we’re seeing is little a diminution successful relevance, but the broadening of what is relevant, wherever stablecoins, tokenized assets, and application-layer projects present stock the spotlight.”

Magazine: ‘Help! My robot vac is stealing my Bitcoin’: When astute devices attack