I was reading @0xdrej's new blog last week (founder of @grass). honestly, it felt like a breath of fresh air.
crypto’s entering a new era.
real legitimacy.
stablecoin adoption from institutions.
regulation trending sane.
its no longer radioactive to say “i work in crypto”
but here’s what’s actually different from last cycle:
substance.
less bored apes, more shipping.
less pump, more product.
teams are building actual businesses.
some are already profitable.
and in some cases, that value is flowing back to tokens.
take grass: reportedly doing 8-figure annualized revenue while serving top AI labs.
Value, not just vibes
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