币界网报道：Binance founder Changpeng Zhao (CZ) warns that only a select few cryptocurrencies will achieve new all-time highs in the next market cycle, citing the rapid expansion of blockchain projects and increasing regulatory scrutiny as key factors. Speaking at a recent industry event, CZ noted that while thousands of tokens exist today, most lack sustainable utility or strong fundamentals. He emphasized that projects with clear use cases, robust technology, and regulatory compliance will likely outperform others. The comments come amid growing market speculation about the next bull run, with many investors expecting a repeat of previous cycles where numerous tokens surged. However, CZ cautioned that the landscape has evolved, with stricter regulations and higher investor expectations filtering out weaker projects. Binance continues to advocate for industry standards that prioritize transparency and long-term viability over short-term gains.