This article discusses the catalysts needed to drive the cryptocurrency market into the next ATH in the bull run. Currently, the market lacks innovative applications to attract investors, resulting in a sluggish market. The author is optimistic about the new generation of consumer applications. These applications attract users through innovative token economics and reward mechanisms, breaking away from the current market's low liquidity and high FDV predicament. The article specifically mentions projects like Farcaster, Lens Protocol, Fantasy Top, Polymarket, and Nyan Heroes, analyzing their features and growth potential. At the same time, the article reminds investors to calmly evaluate the long-term performance of promising projects and to pay attention to timely profit-taking.