Good news is all that a currency needs to reach record levels" new all-time high/ to the moon"
There is no perfect system, but the more flexible and decentralized(The main reason to use Cryptocurrencies) technical Solutions for it’s problems will lead to higher values.
For example, the value of Bitcoin will increase with the success of the lightning network just as it collapsed when the fees rose

Nothing is "decentralized" about the lightning network banking hubs, here take a look at the picture as centralization take place.
https://lnmainnet.gaben.win/

Fees killed trust in Bitcoin miners and the development team and since fees peeked, Bitcoin has continued to fall and I don't
think this can be reversed so this is why I cached out when Bitcoin was at $18k and never looked back.

You do know that the miners are hosting these banking hubs don't you ?

Bunch of countries accepting the crypto currency as legal tender and then declaring the same in the news press release. If that happens then I am pretty sure huge investments will be done in the crypto market in very short of time and then we can see huge pumps that will be coming very much naturally. Apart from this, there should be more and more businesses that will be accepting the bitcoin as payment processor and preferring it over the fiat. Then it will do publicity of the bitcoin naturally as well and we can see many investors running towards the bitcoin. Thus in general some of the great news of all time can get the work done.

Cryptocurrency environment lacked self regulation. That's a bit of a contradiction, but because of all the scams authorities had an excuse to ban or regulate cryptocurrencies. When bitcoin hit the ath of 20K, that draw the attention of officials, who started to see it as a threat. So what crypto now needs, is some regulation and acceptance of Governments, without doing any damage by banning exchanges, miners and to many restrictions. Maybe then bitcoin can reach a new ath.