Everyone thought 2025 would be the year Altseason, Institutions flooding in, Narratives playing out Instead of that, we got a mess Scam coins pumping while real projects get ignored VCs are exiting, not building Retail can’t catch a break and buy the top, sell the bottom, rinse, repeat Chains are more focused on fights than real adoption And macro has just been noise. No direction This isn’t a bull market It’s a hype cycle on autopilot If anything’s clear it’s that this space needs a reset What needs to change? - Stop chasing noise, start rewarding substance - Make real revenue the new meta - Transparency shouldn’t be optional anymore - Builders need time and space to build not constant FOMO 2025 is not the top It’s the stress test, pass it and the next real wave will be ours