That's what it is supposed to do, yes, but there will also be people who simply speculate on this and hope to make a profit by flipping their money.
I think that the trend of the crypto industry is such that in the future, speculative interest will be less popular among users, and more power and resources will be directed to the real use of blockchain technology.
In a couple of years, the popularity of cryptocurrency will grow even more and of course there will be a lot of new technologies.