7/10 🧵
DEFIANT HOPE & INSPIRATION - the chosen:
“when the hour aligns, validators will rise, not summoned, but revealed.
toads still standing in the rain
will find their names already written
in the sediment of the chain.”
Everyone’s freaking out about the S&P and treasury yields , meanwhile crypto degens are dropping $22k a pop on imaginary GPUs to imaginary mine a token on a chain you’ve probably never heard of and the token is up 3x in the last 24 hrs
Lessons in there
ABSTRACT CHAIN GOES BRRR
INITIAL OBSERVATIONS
• @abstractchain processed 30m transactions in first month
• 900k active users from standing start
• seeing $1m tvl in first week shows market wants this
• zktech implementation actually working as intended for once
TECHNICAL STUFF THAT MATTERS
• celestia da integration on mar 24 changes the game
• zksync zk gateway means actual scalability not just promises
• session keys with security restrictions deployed mar 7
• decentralized sequencing already live
• full evm coming, usual stuff
REAL NUMBERS TELL THE STORY
• $1.85m revenue from top 5 apps by mar 14
• trading volume on nfts hit $10m
• floor prices ranging 0.2-8 eth on top collections
• streamers pulling $200k weekly in tips
• 40 dapps already building, mostly gaming and nfts
TOKEN ECOSYSTEM FORMING
• $noot$abster$chengu showing organic growth
• marketplace activity suggests actual trading not just bots
• gaming projects driving real volume
• streaming features getting actual usage, verified tips system live mar 13
MARKET OBSERVATIONS
• 1m wallets means retail found it
• builders showing up with actual products
• revenue numbers suggest sustainability
• gaming/streaming combo hitting product market fit
• tech stack choices making sense for once