Solana stopped burning half of the priority fee, SEI V2 live, Keystore Rollups promising solution for managing accounts, Apps are currently undervalued, Reflection on Restaking.

What I wrote this week.

What I read this week.

Solana has decided to stop the burning half of the priority fee. 100% of the fees will now go towards validators. This will increase $SOL emissions.

SEI, the parallelized EVM L1, shipped v2 on the mainnet. Users can now use EVM wallets like Metamask to connect to SEI. This should be done by other chains too.

https://mirror.xyz/1kx.eth/eixy4sKhLVvexT-PmcBTUCGCR66ET_9iX4cAd-ShOuM good read on token economics

Keystore Rollups offer a promising solution for managing smart contract wallets across networks by centralizing account states on a dedicated rollup. At first glance, they seem to simplify permission management, reduce complexity, cut costs, and enhance security.

1. New Solana in this cycle: - Monad, Sui, Berachain.

2. Hyperliquid derivatives converting to new Layer 1s.

3. Blast: Bootstrapped TVL for dApps to build on using points program and extra yield.

4. Next cycle developments:

• Apps switching into chains.

• Apps are currently undervalued.

• Consumer apps use crypto natives to bootstrap to normies.

• All consumer crypto apps will converge.

1. Ethereum as the settlement chain for institutional chains.

2. Consumer apps will be enabled with fixed annuities.

3. Custody will be significant in this cycle.

Renting security from an existing network will always win on cost and speed to market.

See You Next Week!

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