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PANews May 1st news, according to a Coingecko report, over 50% of cryptocurrency projects have failed since 2021. Out of nearly 7 million cryptocurrencies listed on GeckoTerminal, 3.7 million have ceased trading. As of March 31, 2025, 1.8 million projects have failed, setting a record for the highest number in a single year, accounting for 49.7% of the total project closures over the past five years. 2024 follows closely with 1.38 million project failures, making up 37.7% of the total over the past five years. Before the launch of pump.fun in 2024, the number of project failures was only in six figures. Project failures from 2021 to 2023 accounted for only 12.6% of the total over the past five years. The number of projects increased from 428,000 in 2021 to nearly 7 million in 2025, mainly due to the launch of pump.fun, leading to a market flooded with meme coins and low-quality projects.

Odaily Planet Daily News: ARK Invest released its latest market commentary, pointing out that the U.S. economy has experienced a three-year "rolling recession." With high-end consumption and government spending starting to weaken, this phase may be coming to an end. ARK expects that in the next three to six months, as tariffs, taxes, regulations, and monetary policy become clearer, the U.S. economy will enter a recovery phase driven by productivity improvements, potentially initiating a broader, structurally healthier bull market. The report notes that current valuations of innovative assets are in the "deep value" range, with platforms such as artificial intelligence, robotics, energy storage, blockchain, and multi-omics being the main beneficiaries.