tbh i think we could get at a point where we actually have protocols that generate enough revenues to justify current mcaps. I also do believe that crypto has product market fit. But tbh building something on top of a blockchain is only needed if you need censorship resistance. No other reason. There are way better way to store and handle data without a blockchain. Buidling on a blockchain always adds additional costs and is only needed if you need to be decentraliced (censorship restsiance / remove middleman)