The TVL of all De-Fi projects has been recovering since December 2022 when it was the most painful period.
It may take a half year before crossing 2021 ATH(All Time High).
Even though $SOL(Solana) surpassed its ATH(All Time High), it proved that an individual coin couldn't drive an altseason, and I realized that Crypto Total 2 Marketcap is led by only $ETH(Ethereum).
If staking spot ETH ETFs are approved by the U.S. SEC(Securities and Exchange Commission), the liquidity will flow into the altcoin market, and then, finally, the next 3rd altseason may arrive.
To use stable coins, it requires public blockchains such as Ethereum, Solana and Tron. I expect that the more the stable coin market grows, the more $ETH price will increase.
Honestly, I'm a little bit sick of the altcoin market now. It's been 7.5 years since I graduated my university.
No matter what others say, I'll follow the direction of my compass, and I've been enduring tough time through mining the fiat currency. I hope this way is right, and the market rewards long-term altcoin investors 🙏
Additionally, the reason why I mine the fiat currency is to avoid selling assets!
This year, by all indicators, the cottage season will be here, but there is no movement yet, and the market has become more conservative due to previous tariffs and wars, and the summer has been so turbulent. The fruit usually ripens in autumn, so please be patient.