In previous cycles, those with the most beautiful narratives were the most involved. This was true for GAMEFI, DEFI, NFTs, and tokens. I've been through this repeatedly.
One of the reasons for the collapse of faith in this cycle is that, with the bull market already halfway over, why hasn't anyone emerged viable? RWAs have been hyped for quite some time, yet mass adoption remains a slogan.
Now it seems $HYPE has gained traction, and $PUMP is starting to gain traction. The difference compared to previous cycles is that these applications are now generating serious revenue, although they haven't yet experienced the harsh test of a bear market. I hope this cycle will be different.
I'm really tired of being provocatively asked by outsiders:
Do you blockchain applications truly have the potential to change human life?