Maybe the question could also be asked the other way around: More speculation - more adoption?
I believe that most of the newcomers from recent times get in not because they are fascinated by the technology, but because it can't be overlooked this market is absolutely on fire! They want to get in with the goal to participate in the mania and speculate, but they might end up researching different projects and slowly understanding why this market is growing and what blockchain technology could be good for. That question can probably be asked both ways.