“It’s both the best time and the worst time in crypto,” said John Sarson, CEO of Sarson Funds, a crypto asset manager and education resource for financial advisors. “Adoption was going gangbusters. Everyone with speculative assets was deploying them in crypto, and then they saw them evaporate over the course of failures at Iron Finance, Olympus DAO, Three Arrows Capital, LUNA and USDT, or found that capital trapped permanently in Celsius [Network] or Voyager [Digital].”
Source: https://www.coindesk.com/layer2/2022/10/20/ecosystem-growth-not-prices-tells-the-real-crypto-story/?utm_medium=referral&utm_source=rss&utm_campaign=headlines