Shifting Winds

The release of Compound's governance token and the rise of liquidity mining marked a clear shift in the crypto market during the last bear market. However, the current bullishness on crypto from traditional finance is an external factor. The discussion explores the need for an external catalyst to truly spark a bull market and the potential for a layer two summer in the coming months. Additionally, there is anticipation for pent-up airdrops and tokens that were delayed due to the previous bear market, ready to be released when bullish sentiment returns.