In such a way that there is demand for these assets? It is very different and many of them lack demand because there is nothing that creates demand.
Yes, over the whole year, demand (relative to supply) has steadily decreased. But some projects are approaching the start of operation. I hope this will change the situation for the better - some assets will trade successfully due to natural demand rather than pumps.
That's really when we all will find out what crypto can do for us and whether these applications have the potential to replace their centralized counterparts.