What are cryptocurrencies doing now? When was the last time you saw an Ethereum price of 300$ or higher? Most recently, the ETH almost reached the psychological mark of 500$. New projects are growing in price, etc.
Isn't that growth during a pandemic?
The prices are going up solely due to the DeFi hype. it will crash once again, if DeFi flops. And we are already witnessing signs that not everything is well with that sector. If the prices were going up as a result of ETH 2.0 or any other development, then I would have been happy. But that is not the case. ETH 2.0 rollout is in dire straits now and there is a lack of clarity regarding it.