There is a big comptetition among cryptocurrency startusp. Another thing that stops the development of cryptocurrency startus is bed reputation of startup projects. If will appear a lot of good projects, the reputation of cryptostartups will become better and it will be more simple to develop.
It will now be difficult to improve the reputation of crypto. Many experienced users understand that the crypto environment is not regulated, which means that it is convenient for scammers. As long as this is so, the reputation will not be very good.
State authorities try to regulate cryptocurrencies and in some countries cryptocurrencies are regulated. Also regulators start to monitor cryptocurrency exchanges.