How many years does a wrap last?

I'm curious to know, in the realm of cryptocurrency and finance, what is the typical lifespan of a cryptocurrency "wrap"? By "wrap," I'm referring to the process of tokenizing traditional financial assets onto a blockchain, allowing for their use and trading on decentralized platforms. Given the rapid pace of technological advancements and market fluctuations, how long can we expect these wraps to remain viable and relevant? Are there any key factors that determine their longevity, such as the stability of the underlying asset, the popularity of the blockchain they're built on, or the overall market sentiment towards digital assets? Understanding this would help investors make more informed decisions when considering participation in wrap-based products.