Unpopular opinion: The "Institutional Adoption" we prayed for is actually killing the volatility we live for.

The article argues that institutional adoption in cryptocurrency, once seen as a positive, is reducing market volatility, fragmenting Layer 2 (L2) ecosystems, and creating a 'K-shaped' market where only blue-chip assets thrive. The author laments the loss of chaotic, high-volatility cycles and a fragmented DeFi landscape that alienates retail investors.