
The Next Crypto Winners May NOT Be Layer 1s w/ Joshua Frank
From The Milk Road Show by The Milk Road Show
May 20, 2026 · 37 min
About this episode
In this episode, Joshua Frank discusses the evolving market structure of crypto and the shift in institutional focus towards revenue-generating protocols.
🧠 Capitalize on this bull market by tracking our PRO analysts' portfolios and live trades - just $1 for 7 days. ~~~~~ In this episode, we break down why Wall Street and institutions are quietly shifting focus toward crypto applications, tokenized finance, stablecoins, and real revenue-generating protocols. Instead of just betting on the next shiny new chain. Joshua explains why the market structure of crypto is evolving, where institutional capital is actually flowing right now, and why most altcoins are still struggling to find real buyers. The institutions want cash flow. They want fundamentals. They want infrastructure that actually does something. ~~~~~ ⚡Wealth is evolving, use Nexo to earn, borrow, and trade crypto all in one secure platform. 📱Your carrier sells your data, switch to Cape and get 33% off your first 6 months with code MILKROAD. 🌊 Trillions are stuck offchain, build RealFi with Pharos and join the AtlanticOcean Testnet. ~~~~~ 🔧 Tools & Channels 🥛 Check prices, drink coffee, read Milk Road. It’s the easiest 5-minute habit…
People in this episode
Host: The Milk Road Show
Guest: Joshua Frank
Topics covered
- crypto applications
- tokenized finance
- stablecoins
- institutional investment
- market structure
- altcoins
Keywords
- crypto
- Wall Street
- institutions
- cash flow
- fundamentals
- altcoins
- real revenue
Sponsors
Nexo, Cape, Pharos
Mentioned in this episode
Organizations: Milk Road
More episodes of The Milk Road Show
- Bitcoin In 2026: Stronger Than Ever Or Losing Relevance? w/ Christopher Kuiper · June 12, 2026 · 39 min
- The SpaceX IPO Is Creating A Massive Opportunity In Crypto · June 11, 2026 · 44 min
- Hyperliquid Could Become The Most Important Asset In Crypto · June 10, 2026 · 38 min
- Matt Hougan: Crypto Is The Biggest Contrarian Bet In Markets Right Now · June 9, 2026 · 38 min
- 5 Bitcoin Bear Cases Just Got Destroyed w/ Sam Callahan · June 8, 2026 · 46 min
- The One Thing That Could Save Solana w/ Carl Vogen · June 5, 2026 · 44 min
Explore listener stats, chart rankings, contacts and more on the The Milk Road Show podcast page.