Last I checked, investors weren’t giving out trophies for number of apps/builders. Especially when it’s just grant-hunting, chain hopping tourists.
Hyperliquid has one app. Let that sink in.
On Solana, the “6 smart contract” apps are just getting bigger and impossible for new entrants to compete with.
Quality over quantity is new meta.
L1s are a two-horse race
84% of ALL15 applicants were building on SOL or ETH
Will a stablecoin L1 reach meaningful founder adoption?
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