The pattern is simple: when an L1 ships real ways to have positive experiences onchain, it tends to drag the market with it. That was true for Ethereum, it was true for Solana, and more recently it’s been true for Hyperliquid. Here is why I think Fogo can do the same with perps, predictions, and composable DeFi and why I don’t spend much time worrying about the current macro sentiment of the day
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