Alana Levin pfp
Alana Levin
@alanadlevin
1/ We’re in the app phase of the app-infra cycle
2 replies
11 recasts
39 reactions
Alana Levin pfp
Alana Levin
@alanadlevin
2/ Each portion of the app-infra cycle has lasted 1-1.5 years H2 2022-2023: base level infra improvements (L2s maturing, Solana stability) 2023-2024: mid-level infra implementations (embedded wallets, better security, faster bridges) H2 2024-now: app emergence
2 replies
0 recast
6 reactions
Alana Levin pfp
Alana Levin
@alanadlevin
3/ My guess is we entered an app phase sometime in the past 6-9 months Apps are products that interface directly with the end consumer Eg stablecoins are infrastructure for apps, but aren’t apps themselves. It’s analogous to how users can trade ETH or SOL, but ETH and SOL are assets (not apps)
1 reply
0 recast
0 reaction
Alana Levin pfp
Alana Levin
@alanadlevin
4/ So, what are the apps? -Old DeFi. Projects from last cycle innovated throughout the bear market and are back bigger and better. Think: Aave, Kamino, Uni -New DeFi. Think: Hyperliquid, Morpho, and Jupiter, underpinned by infra improvements that didn’t exist 3 years ago -Information markets, specifically prediction markets (@polymarket) -Smoother + more engaging interfaces for utilizing / exchanging assets. Think: @moonshot, @azura, @tradewithphoton, @pvp_dot_trade and many others -Open social. Farcaster and Telegram have both found some success with mini apps and in-app, embedded economies. I think we’ll see this shine in the second half of the app phase -All the AI agent stuff
1 reply
0 recast
0 reaction