From AI tokens to RWAs, Layer 2s, and memecoins — we’ve seen countless narratives pump tokens hard in 2024 and early 2025. But now, engagement is cooling down.
Is the market just taking a breather… or are crypto narratives losing their power?
📉 What We’re Seeing:
🚫 Lower social engagement on trending hashtags
💤 Fewer new retail wallets entering top ecosystems
🔄 Capital rotating instead of expanding — same money, new tokens
📊 Decreasing volume on major “narrative plays” like AI, gaming, and restaking
🧠 Why This Matters
Narratives drive speculation, but value sustains conviction.
With no new catalyst on the horizon, the market could:
Consolidate — waiting for macro or ETF-related momentum
Shift toward undervalued blue-chips and utility-driven protocols
Surprise us with a new sector no one’s watching yet
🔍 What Traders & Builders Should Focus On:
✅ Ignore the hype — study actual on-chain growth
✅ Revisit quality projects that have survived hype cycles
✅ Explore emerging themes like DePIN, real-world loyalty systems, and infra plays
💬 Your Turn:
Which narrative still has legs in your opinion — or is crypto just waiting for the next bull trigger?
Drop your thoughts and tag a project that still deserves the spotlight 👇
