Blockworks research director says the "buy all cryptocurrencies" strategy is dead

BlockBeats News: Ryan Connor from Blockworks believes that the hype-driven strategies of the crypto market in 2021, which were based on speculation rather than substance, are now outdated. He points out that institutional buyers now require real teams, revenue, and value, and tokens built on empty promises are being eliminated. Connor emphasizes that cryptocurrencies are closely correlated with the Nasdaq Index, and the current macroeconomic environment is robust, thanks to deregulation. He notes that Pendle Finance, with its leading position in the yield stripping sector, is an ideal choice for savvy investors, and also mentions Hyperliquid's unique products, while reminding investors to be aware of competitive risks. This shift has led token holders to no longer trust empty promises, but instead demand tangible value accumulation and comprehensive protection mechanisms.