I want to remind everyone of one thing.

In 2021, the Cosmos $ATOM ecosystem was one of the most promising areas for developers.

Solana and Hyperliquid also had similar prospects, but how long can this momentum last? By 2025, ATOM will hit rock bottom. Its all-time high once reached $45.

Vitalik chose to scale Ethereum through Layer 2 networks, partly because ATOM successfully leveraged autonomous chains in its ecosystem.

However, all of this came to a sudden halt after the collapse of Terra Luna, with tens of billions of dollars evaporating in a single night. After that, the Cosmos ecosystem also perished.

In the cryptocurrency space, entire ecosystems can experience years of boom and bust. Do not hold excessively high expectations for them, as the risks remain very high.

Those heavily invested in Solana or Hyperliquid may be disappointed five years from now, as everyone will have turned to the next hot project by then.

The altcoin market will ultimately evolve into a race towards zero. Only Bitcoin is different due to its fundamentals.