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Another big shift: crypto and fintech were among the worst performing sectors over the last 6 months, while cloud infra, biotech, materials, and robotics led the market. This is why pure crypto portfolios are becoming risky. The next wave might be on-chain exposure to real-world equities, especially through tokenized stocks. If platforms like xStocks, Ondo, and others scale, the TAM for crypto could expand massively without leaving the blockchain rails.