The basics of value are missing so far from cryptocurrency in general.
A stable value, growth system is completely absent.
The cryptocurrency market has been flooded with worthless coins.
Meme coins at worst, and coins that can only produce value if the end user uses them inside their own marketplace at best.
The theory behind all cryptocurrencies, with very few exceptions, is that:
once mass adoption happens, then the value will stabilize, the volatility will be eroded, and widespread acceptance by businesses will happen which will further increase public adoption.
That's contrary to how cryptocurrencies are currently built and utilized, which are speculative, very high risk investments, and are treated accordingly by the general public and the regulators because that's what they truly are.