I believe that the hype has barely even begun. Only 1 percent of the global population owning any cryptocurrency and news of banks and financial institutions looking incorporate blockchain technology and invest in cryptocurrencies; I think there will be a more mainstream adoption in the coming 18-24 months.
There's always been hype, because of the hype in the past we are in this present situation, it is always been there, it's just the many bad news and hacking that has happened hampered Bitcoin's continuous development, if these things did not happen we are on the 30 to 50 k level but Bitcoin is still in adoption period.