The blockchain industry is not only in crisis but also going through a test of maturity and strength. The crisis is forcing the industry to cool down, get rid of speculators, and continue to focus on the most resilient and efficient business models.
The crypto market is in crisis. However, the industry has reached a much higher level of maturity compared to previous crypto winters. The last one was in 2018, after a year that saw a boom in ICOs, cryptocurrencies, speculation, and a surge in the popularity of blockchain. Those who survived this crisis laid the foundation for the future of the crypto market.