Foresight News reports, citing The Block, that Outlier Ventures Head of Research Jasper De Maere said:

"As market conditions improve, we'll see a surge in on-chain Ethereum activity. This is likely to be driven by speculative activity initially, followed by DApp activity driving on-chain activity. I believe this will still be driven by speculation, and DApp activity will be sustained through airdrops, as many companies will be holding token generation events (TGEs) and releasing mainnets.

The adoption of RWA tokenization has slowed down, driven by expectations of further interest rate cuts by the Federal Reserve. This is mainly because most tokenization occurs in yield-bearing assets like U.S. Treasuries."