【 PumpChain is bound to emerge 】
According to @initia founder @ItsAlwaysZonny,
@pumpdotfun has paid a staggering 3.775 million SOL in gas fees for Solana, amounting to about 600 million dollars at current value since January 2024.
This means that a single app has created tremendous economic value at the network level ㄷㄷ.
And this is similar to how @Uniswap started on Ethereum and eventually launched @Unichain,
showing that it is a natural progression for PumpDotFun to also launch its own app chain.
The reason for launching an app chain is
for cost optimization, improving user experience, and designing a native token economy.
Everything can be designed based on $PUMP, making it very advantageous in the ecosystem.
And the infrastructure that enables such app chain launches,
@initia has already well established it 🥺.
PumpChain seems inevitable.
Pump users have paid ~3.775m SOL in base gas fees to Solana validators since Jan 2024.
That's nearly $611m in additional revenue dropped and value leaked out of the pump eco. Alon could have sent over half a B more to kippahstayson.sol...
A multichain future is an app-centric future, where apps keep the value they create.
Appchains.
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