When we examine the current Crypto Assets market, the altcoin craze has not yet taken off, and the fundamental reason is not just the lack of Liquidity, but a deeper issue lies in the serious lack of industry innovation.

Looking back at the bull markets of 2017 and 2021, we witnessed many waves of innovation such as ICOs, IEOs, DeFi, NFTs, various platform coins, animal-themed coins, and public chain projects. Even some projects that were later confirmed to be short-term speculative, like VDS, FOMO3D, or PlusToken, exhibited a considerable degree of innovative thinking at the time.

These innovations have spawned a large number of wealth effect cases. And now? The market is almost silent.

Innovation is the key driving force to attract new funds into the market. Only when innovation brings wealth effects, attracting new investors and allowing them to taste the benefits, will they naturally turn to invest in mainstream assets such as Ethereum, Dogecoin, Ripple, and Solana.

The current dilemma in the market is that many projects expect others to take over as soon as they launch, lacking genuine value creation, which naturally makes it difficult to attract new blood. What the crypto market needs is not just a simple relay of funds, but truly innovative applications that can solve problems.