80 % of people got involved in crypto from September-December and afterwards, they lost interest to invest watching their investments going down. Companies, corporations and politicians , let's say they filled their bags. And only after all of that we will see some positive regulation
But I firmly stand on my point that the only way for crypto to have a long life is the adoption and not just price speculation. And this will come from all of us. Start in little but whenever you got the chance to pay smth with cryptocurrency, just do it. Let's give real world value to the coins we hold.
Now it is difficult to accurately predict how the market situation will develop in the future. I believe that earlier he had shown too rapid growth, the society was not ready for this. But over time, different governments and society will recognize robust cryptocurrencies.
Rapid growth alone will not convince any government to recognize crypto currencies. Because, they will simply term a raid-growth as "bubble". We must need solid growth over the time so that it will make more heads turn. I mean to say crypto currencies will take more time to get recognized by governments. As of now investments are not growing as expected still it's not a criteria for governments to consider its recognition.