As far as I see it, the crypto real-life utility has been improving in the last few years. It may not have that huge impact yet but we can see several financial institutions adopting, or making use of it as a model in their future plans. Crypto is moving towards there but sadly it has been small steps. I think the problem of wide world adoption is still the reason for it since the majority of the country is very tentative about accepting/adopting it since they have no full control over it.
Yes it is slowly but surely going there to where is should be. It may take sometime but as I can see on the progress of cryptocurrency and if I will going to compare it to it's past improvement or development I can say that half of real-life utility is being adopted now by many. Well, maybe we are looking for a huge development like widely adoption of bitcoin but I know and I am very optimistic that bitcoin or crypto will be there not now but someday.