Onchain is largely a solved game and will in aggregate, continue to see diminishing returns. The only apps / ecosystems that will outperform this cycle are the ones able to generate long term sustainable revenue.
The top percentile will also (1) be something new i.e. "category starters" and (2) reach net new audiences i.e. they'll build a market of their own, rather than pvp fight for scraps as most onchain apps currently do.