So my question is:
Does crypto and blockchain technology really have a strong future if everything still depends on price action?
Can the tech grow and be adopted long-term even if the hype and price go down? Or is it all just tied to market cycles forever?
If crypto is in demand and its prices are rising, more people will be interested in developing it even further. New tech would also be developed even with the side purpose of making profit. It comes hand in hand. If crypto is no longer in demand and it’s not being used by anyone then why would anyone want to develop it beyond what it is now?