The altcoins have awakened, but the market still doesn't feel like it has any growth potential!\n\nRecently, on-chain funds have been leaning towards altcoins, with STRK doubling yesterday and UNI doubling today. The infrastructure sectors like privacy, storage, layer2, and DeFi have all been experiencing rallies in turn.\n\nHowever, this altcoin market feels a bit like archaeology; the older coins that have dropped for a long time are seeing greater increases. Even UNI's proposal today is just a rehash of something from a few years ago. To put it bluntly, old projects can't sit still; if they don't innovate themselves, they'll be revolted against by the market.\n\nThere hasn't been anything particularly groundbreaking in the entire cryptocurrency space; with no new ways for capital to play, people can only grind on old plates to extract gains.\n\nTo be honest, the infrastructure in the crypto space really has no profit left. If we want innovation, it can only happen at the application level. Without breakthroughs in applications, the infrastructure market can only flow internally, making growth difficult.\n\nThe current situation is still everyone competing against each other, going in circles, which is essentially just a power struggle; there's no external expansion motivation. Pulling each other back and forth only helps everyone break even, with no wealth appreciation.\n#加密市场观察