Until the bears leave the market and crypto growth begins, the STO will also not enjoy popularity. And judging by the pace of the market, it will not happen soon.
You're wrong because the crypto currency market status can not stop the growth of STO because the mode of investment applied by the STOs is different and secure than ICOs cause STOs brings liquidity to investors which the reason why almost 97% STOs in the current market were participated by alot of investors around the world.
Maybe STOs can give a feeling to investors about security and legalization but there is no reason to ignore ICOs. Scammers are looking for new methods for stealing other people's money but it is not easy nowadays. STOs can prevent this fraud trend and ICOs need to adopt to these new ecosystem.