Altcoins are waking up, but the market still doesn’t feel like it has much growth potential! Recently, on-chain funds have been shifting toward altcoins. Yesterday STRK doubled, today UNI doubled, and sectors like privacy, storage, layer2, and DeFi infrastructure are taking turns pumping. But this altcoin rally feels a bit like archaeology—the older and more beaten-down the coin, the bigger the pump. Even UNI’s proposal today is just revisiting old topics from years ago. To put it bluntly, old projects can’t sit still anymore; if they don’t revolutionize themselves, the market will do it for them. The crypto space still lacks any groundbreaking innovation. Without new ways to play, funds are just squeezing value out of old projects. Honestly, there’s not much profit left in crypto infrastructure. If we want innovation, it has to happen at the application layer. Without breakthroughs in applications, the infrastructure market will just circulate internally, making growth difficult. Right now, it’s still just everyone competing internally. The endless competition is basically like a three-kingdoms battle, with no drive for external expansion. All this pumping is just people trying to break even, not creating any real wealth growth!