$Avax is the adoption chain but it won't be overnight. Here's how I see it: 1) Avax c-chain is up to speed/cost with the best while remaining decentralized. This attracts builders, satisfying the most basic of needs. 2) Apps become more complex and the need for control of their environment increases. 3) Apps launch L1s to satisfy their needs and scale. Other apps with similar needs use pre-existing L1s until #2 happens. Around 9 million L1s in the next 10 years. Maybe more. 4) Each L1 pays fees back to Avax etc...(the Avax token flywheel at this point is absurd). 5) L1s will also be communicating with each other and apps seamlessly merge and become stronger... There will be a consolidation of L1s into 20 or so which cover every nerd imaginable. They will be valued in the 100s of billions. There are only a handful of apps who have this future in mind and will be prepared for it. L1s that last 10 years and become one of the 20 is a hard bet to make today. That's why we Counsel....
Show original6.03K
39
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.