$A is now transforming into a semi-decentralized web3 banking (financial) underlying infrastructure.
Limited by the reputational issues caused during the EOS period. It needs to prove itself through solid growth at the business level, rather than just PR (empty talk).
If the self-proof is successful, a 10X+ price increase for $A seems like a relatively conservative concept.
Recently, $A reached a strategic cooperation with Fosun Wealth and Standard Chartered Bank, both of which have a clear Hong Kong capital (or influenced by Chinese capital) background. Coincidentally, EOS back then also had a clear Chinese capital involvement, with a strong Chinese lineage. It seems that $A has the potential to act as a tool for Chinese capital (quasi-official) to regain its voice in the crypto space.
The key is still to observe its business data growth.
I have been waiting for the third wave! @Vaulta_
(Disclosure of interests: I hold $A, and the above statements should not be taken as your investment basis.)