It doesn't matter what the market is, the factor driving prices is always speculation related. In all cases, the market tends to front run the potential 'utility' of an asset, which is why we see Bitcoin at $9k and BSV at $300....

I recall CSW having said that the value for BSV isn't that important, he wants BSV to be a platform people build on, which makes the applications on top of it valuable, BSV not so much.

Ethereum is the most built on platform and generates a shit ton of transaction volume, but its price is still under $200.... It's an indication that people value what's built on top of the protocol more than the native coin.