I believe that this market has never been characterized by great stability, because unlike institutional markets, the crypto market has been much more susceptible to experiencing large inflows or outflows of capital according to the rumors or the emotional aspect of the investors.
And personally I do not think this will change much in the medium term, because the decentralized aspect of the market prevents it from being intervened by regulatory authorities that prevent the speculative manipulation of prices.
Decentralized cryptocurrency can never be stable in its price. This is simply impossible due to the nature of cryptocurrency. Its price is formed only on the basis of supply and demand, and they will always be different due to the fact that millions of people participate in the cryptocurrency market, who act in different directions regarding its buying and selling. Also, various news factors influence the demand and supply of cryptocurrencies, and there are always plenty of them all over the world.
Decentralized cryptocurrency does not have a single control center and, as a rule, is not supported or regulated by anything, as it happens in ordinary national money. All this affects its constant volatility.