A certain public blockchain ecosystem is facing a crisis of confidence. Upstream project teams generally lack transparency in communication, and each announcement fails to re-engage users—this is the truly fatal problem. Instead of addressing issues openly, they choose silence, which accelerates the loss of trust.

A similar pattern repeats on the chain: the community gradually becomes indifferent, and the initial enthusiasm completely dissipates. Holders no longer expect the project's next move; they just want to quickly clear their tokens to cut losses. When a public blockchain falls into such a dilemma—where both ecosystem activity and user psychology are affected—no matter how exquisite the announcements or how favorable the technical updates, it’s very difficult to turn the situation around. This demonstrates how difficult it is to repair trust once it has been overdrawn.