In 2049: Looking at the trend of public chain infrastructure construction

Author: PandoraLabs

Change is the norm in the crypto market. The core narrative of 2022 is NFT and the metaverse. Last year, Ethereum L2 was the hot topic. This year, the rise of the Ton ecosystem, the "loss of voice" of Ethereum, the fall from favor of VCs, and the meme epidemic have made many people more confused about the direction of the industry.

At this time, we need to see the collision and comparison of various viewpoints in a centralized environment, and the most recent one was on the stage of TOKEN2049.

Web3Ecosystem in the form of the Internet - Solana

In recent years, the TOKEN2049 sub-venue has been more crowded than the main venue, and that must be the Solana booth. In recent years, the performance of the Solana ecosystem has remained stable and powerful, and its peripheral event "Solana Breakpoint" has become the hottest topic at this conference due to its high praise. Multiple projects released new products, attracting a large number of participants.

Compared with other crypto ecosystems, Solana ecosystem projects are already more prepared to compete for larger-scale users. Solana is likely to be the public chain ecosystem with the most projects on mobile phones. Solana's largest NFT platform Magic Eden, the largest wallet Phantom, and the largest Depin platform have all launched mobile APPs. From this point of view, Solana is more pragmatic and sensitive in building an ecosystem than those old public chains, and truly improves the basic environment for ecological expansion around market demand.

TON, the exchange center of the crypto world

TON also shined at the TOKEN2049 conference and became another hot topic of discussion. Every TON event was packed. In this difficult period of the industry, TON has brought new hope and vitality to the crypto market. TG's Mini Apps greatly reduce the threshold for development and user entry. The close integration of this technology with social networks has brought about an explosive growth in game applications. Many games have achieved scale growth of millions of users through TG's billion user base.

More importantly, it will even become a very popular communication center in the cryptocurrency industry. Regardless of size, many projects have begun to build miniAPPs on TG. This reflects the extremely strong competitiveness of Ton as an "athlete" in the future L1 field in terms of ecological scalability.

Innovation never fades

In addition, we can also see that in this industry, innovation is the direction that will never go out of date, such as BTCfi and those rapidly developing new protocols.

In addition, we have noticed that some new forces hope to completely solve people's confusion about the current L1 ecological development from the bottom up. PandoraChain hopes that blockchain and decentralized ecology can take on more functions rather than simple transaction transfers, which requires combining L1 with a complex computing system and evolving continuously. At the same time, this capability can be quickly replicated through the integrated PD-Rollup solution. This means that crypto developers can have more to do without being limited to a small number of specific scenarios, which will bring a more powerful and diverse ecological expansion prospect.

The 2024 TOKEN2049 conference has come to an end, but the profound reflection it has brought to the crypto industry has just begun. We have witnessed the emergence of Solana and TON, and we have also witnessed the brave exploration of BTCFi and Pandora in cutting-edge fields. The entire industry is in the midst of an unprecedented profound change, and new things often break out and often sprout in silent waiting.