Dragonfly Partner Haseeb Says Crypto Industry Is Undergoing a Healthy Shakeout

Dragonfly managing partner Haseeb said the crypto industry is not moving toward the middle and that some people leaving the sector reflects a filtering process he described as healthy. According to Odaily, Haseeb wrote on X that this dynamic is similar to a normal cleanup after an early tech-industry bubble burst, leaving behind those who believe in long-term value. He said the process brings short-term pain but is positive over the long term. Haseeb added that he remains bullish on ETH and SOL, saying he believes both have a significant future. He also said crypto is essentially a continuation of technology and the internet, and he expects it to change the world in a way similar to the internet.