the problem with all this vc slop is that it doesn't attract great app developers that push their ecosystems forward. as far as im concerned, only a few chains have achieved this:
Ethereum: duh smart people congregate here
Solana: smart capitalists and grifters love it
Base: small smart teams love it for huge upside potential in a new ecosystem
Hyperliquid: traders love it and there is a lot of new money eager to try things and a lot of OGs reignited their love for the game here
Arbitrum: most pure and happening place to build DeFi outside of Ethereum while essentially still being Ethereum
Optimism: network effects and OG respect from being first rollup and finessing between public goods and business to foster a good ecosystem
More chains may make this totally arbitrary list in my mind in time. But one thing is certain, the tech behind the chain needs to push the space forward to stand out. If it gains the respect of elite developers, then it has a chance to attract great talent and original apps that make people want to hang there.
That or HUGE piles of cash.
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