Is crypto now more than a speculative asset or just the same old thing based on hypes only because it seems like real life use case is far from crypto, we want it to happen for real but it's really not happening, what is stopping this from happening already.
Mostly speculative still.
I think that there has been real utility but most of it has been limited to very niche fields (e.g. DeFi or yield farming protocols).
And I guess that's why it's still so lucrative to be involved in crypto - there are a lack of people willing to speculate/take a chance in this before it goes mainstream. Speculation also precedes real adoption.