Predictions for “the next cycle”?

Lots of unexpected things happened this past cycle, just as many that were predictable

by 1999, AOL had ~20M subscribers paying $21.95

This is more than all crypto uses combined across all chains this cycle 

By analogy the next cycle should focus on delivering actual value to mainstream consumers, which probably will be Metaverse + NFT

Why do you think that 20M > all crypto users? The stats I've seen around show a much higher number. See this for example:

building far.quest & @wieldlabs.eth. cofounder at miy.com ventures. FID #274. Previously Square/Cash App. https://hiimnico.xyz/

ENS collector and trader.  Every domain is special, and I like to tell their stories. https://vision.io/profile/0x08e17C7912E48ac5EC61399a05A362aD64963db8

Mostly referring to the amount of addresses with at least one transaction per month (including bots)  https://i.imgur.com/JTl7iuE.png

Why do you think that 20M > all crypto users? The stats I've seen around show a much higher number. See this for example: https://explodingtopics.com/blog/blockchain-stats