# Crypto adoption and tokenization in focus as Bitcoin retreats

By Riza Dagoc

Canonical URL: https://www.tokenpost.com/news/investing/53473
Published: 2026-11-11T02:00:25.000Z
Updated: 2026-11-11T02:00:25.000Z
Section: Investing

> Eric Chen linked the crypto pullback to macroeconomic uncertainty while pointing to institutional adoption, tokenization and round-the-clock trading as longer-term market drivers.

Cryptocurrency markets are giving back some recent gains as macroeconomic uncertainty weighs on risk appetite. Institutional adoption and the expansion of asset tokenization remain factors to watch alongside interest rates, according to Injective CEO Eric Chen.

In a Schwab Network interview on November 11, Chen described the pullback as a correction following several months of upward momentum. He said uncertainty surrounding war and oil prices, together with a higher inflation reading, had made a sustained rally harder to maintain.

Chen emphasized cryptocurrency volatility when discussing diversification. He said daily declines can reach single-digit or double-digit percentages, adding that the length and recurring nature of market cycles matter when assessing Bitcoin and Ethereum.

Higher interest rates do not necessarily prevent cryptocurrencies from performing well, Chen said, citing his observations over eight to 10 years in the market. While lower rates can provide support, he identified financial institutions’ tokenization efforts and the use of blockchain for round-the-clock trading as additional drivers of adoption.

Chen also pointed to a recently launched staking ETF backed by INJ as an example of growing institutional participation. He described the product as offering exposure to the underlying asset alongside rewards from network staking and governance participation, with annualized rewards of approximately 5–10%.

Tokenization and longer trading hours signal a shift toward financial activity taking place on blockchain networks, Chen said. Citing the New York Stock Exchange’s push toward round-the-clock trading, he suggested that broader use of tokenized assets could arrive sooner than many expect.

In discussing participation in that shift, Chen broadened the conversation beyond Bitcoin, which he described as commonly regarded as digital gold. He mentioned Ethereum and Solana as other assets considered in a diversified cryptocurrency portfolio.