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⋅ So the theme for the last bit of alt season was probably layer 1s such as AVAX and SOL
If dollar topping and risk bottoming here most things will do well
But i think one theme for the likely coming alt season would be layer 2s (scaling solutions)
The layers refer to the subsets of the future blockchain internet (web 3)
Vitalik has been bigging up L2s since the merge
If eth wins the web 3 race (not much competition) it needs to scale; and sharding is a long way off
As such as i see it we have an ascending hierarchy of scaling:
Side chains (matic)
Optimistic rollups (optimism)
Zk Snarks (Loopring, mina)
Zk starks (Immutable X)
Skale is a hybrid 1/2 as far as i am aware and matic/polygon is moving into starks and snarks
I think everything i mentioned here does fine
But until starkware has a token immutable x and possibly matic have some usp on starks i think
GRI 2022
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⋅ Pocket retrace for optimism around 0.9 good target looks like .25 mid term
NOT TARDING ADVICE
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⋅ *2.5 target for opt
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⋅ Well most of these are sending
YW
GRI 2022
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⋅ Currently in OP and SKL
NOT TARDING ADVICE