Cryptocurrencies, caused by liquidity and the much-needed 2023 - attack on the industry by the US state, which was justified, but, of course, not in all cases (OpChokepoint 2.0, etc.).
Meanwhile, the number of users interacting with proof-of-stake blockchain technologies, especially the stabilization fund and the ongoing experiments of Web3, continues to grow every year, despite price changes and regulatory fury.
By the end of 2021, the number of daily active users was approximately 3.89 million. In the third quarter, this figure rose to 5.05 million, an increase of 30%. The three-year CAGR is 88%.
Prices are still at 60% of ATH in 2021.
This is a signal among the noise.