The second the market becomes frothy again, everyone's launching their own L1.
Last cycle it was to make up for Ethereum's scalability, now it's to chase the stablecoin narrative.
Always opportunities to capture value in the short term, but don't forget where most of these projects end up. Look at how many of the hot 2021 L1s are still relevant today.
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The second the market becomes frothy again, everyone's launching their own L1.
Last cycle it was to make up for Ethereum's scalability, now it's to chase the stablecoin narrative.
Always opportunities to capture value in the short term, but don't forget where most of these projects end up. Look at how many of the hot 2021 L1s are still relevant today.