Observations and conclusions after Token2049 and Solana Breakpoint, which took place last week in Singapore.

🔹 There were about 700(!) side events around the conferences — projects are ready to spend money on such marketing and networking. This also speaks of the fragmentation of the crypto space.
🔹 Not only the quantity, but also the quality of visitors and builders has increased — if a few years ago half of the projects were “blockchain hairdressers,” now most are building real and potentially useful things.
🔹 Vitalik is in the clouds, and Ethereum and L2 were poorly represented at the events. But alternative L1s, and first of all Solana, received a new portion of attention and effectively give people what they need. At Breakpoint, most of the discussions were focused on applications and users, not infrastructure.
🔹 Two projects that came up in all conversations were Hyperliquid and Berachain. 🔹 Memcoins, on the other hand, were hardly discussed. The only exception was $MOTHER.