I've been observing a significant push from many KOLs and investors towards the Appchain narrative of Layer 2 (L2) modular stack. Interestingly, the rise of L2 solutions and modular architectures is empowering application layers to leverage "fractal scaling" and launch their own chains. This appears to be a sound move by application level projects to accrue more value within their own layer. With their own L3s, the application level projects can leverage MEV to generate revenue and create a utility for their native token staking. However, there has to be a no-code-like abstraction of MEV for the majority of projects to effectively leverage it. I am sure a lot of RaaSs are already onto it. But with thousands of rollups, there is fragmentation of the ecosystem. And though Chain Abstraction and shared liquidity can resolve this technically, I am more concerned about its psychological implications.
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Relaying some important info
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Exchanges are the primary onramp for consumers. Coinbase is the leading exchange and will direct hundreds of millions of people to Base. Coinbase's strong US market presence gives them unique leverage. They're not just directing traffic, but creating an ecosystem lock-in: The partnership with Farcaster adds a crucial social layer, creating a finance-social ecosystem loop. This combo addresses the first inclination of Web2 users entering crypto, which is often driven by capital incentives. By front-running this with their distribution power, Coinbase is positioning Base as a natural entry point for mainstream adoption. It's a smart play leveraging their strengths in both finance and user acquisition.
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