According to Alice und Bob, the current phase shows a very reasonable consolidation in spending, while a significant number of high-quality cryptocurrency projects remain in the pipeline (source: Alice und Bob Twitter, May 19, 2025). For traders, this indicates a stabilization in capital outflows and suggests that the market is preparing for a new wave of project launches. Historically, such periods of controlled spending combined with an active development pipeline have led to renewed investor interest and potential price rallies, especially in altcoins and emerging tokens closely tied to these upcoming projects.