智能合約之父、Castle Island Ventures 聯合創始人 Nic Carter 於 X 平台發文表示，本輪週期想要達成「成功」的難度更高，原因並非單一利空因素，而是市場注意力轉向 AI 與 Mag 7（七大科技股），加密貨幣從「舞台中央」退居邊緣，不僅缺乏明確的催化因素、買盤支撐與市場關注度，價格走弱更主要源於市場疲態與「DAT」後遺症。他進一步指出，「4 年週期、山寨季」等舊有敘事已失效，若想獲得回報，必須真正打造產品並持續交付實際價值。

Nic Carter, the father of smart contracts and co-founder of Castle Island Ventures, posted on X stating that it is more difficult to achieve 'success' in this cycle. The reason does not lie in a single negative factor, but in the shift of attention to AI and the Mag 7. Cryptocurrencies have moved from the 'center of the stage' to the sidelines, lacking clear catalysts, buying interest, and attention. The weakening prices are more due to fatigue and the after-effects of 'DAT'. He said that old narratives such as the '4-year cycle and altcoin season' have become invalid; to obtain returns, it is necessary to truly build products and continuously deliver practical value.