Over this next year we will see bitcoin do a 80% drop which happens every cycle. People continue to post "this time is different" , heard that meme too many times in the past.
Elon musk already bought, NFTs selling for absurd prices. El Salvador bought. Is there another worlds richest guy that can buy next?
People are coping, we are in a bear market, btc will go under 15k, ethereum under 500. I've seen this same thing happen before, yah this cycle had a 2nd bull trap but we are in bear season now.
Also amount of transactions doesn't mean the value actually go up. Bitcoin transitioned from peer to peer cash to a store of value.