A friend of mine, Vini Barbosa, made a great post about how regulatory uncertainty rewarded Bitcoin, Ethereum, and memecoins (therefore Solana), and how the first two at least would be "pushed" by the future market as utility takes over.
I would add:
Bitcoin and Ethereum won't be "punished" but will start performing more poorly than actual utility platforms.
95% of the people talking about utility vastly overestimate the utility of the projects they're thinking of when they say that. 😬
No, 2016 tech isn't good enough anymore without massive improvements. Evolve or die! 🧬
Here's the whole post on X, I'll get him on InLeo soon enough!