According to news on September 7, Pacman, founder of Blur and Blast, said on social media that the bear market in 2019 was frustrating and the encryption market lacked users at the time. However, now that we have DeFi, Perp DEXs, NFTs and profitable stablecoins, user activity on the chain has increased significantly. Although currency price trends are difficult to predict in the short term, the blockchain field will continue to develop. Every market cycle creates new leaders, and these leaders often emerge during bear markets.