Recently, I had a chat with several founders who are in the process of adjusting their direction, and I felt it quite deeply.



Everyone's anxiety is no longer about "should I build a new chain or a new protocol," but rather about how to implement at the application layer. A consensus is gradually forming: infrastructure is already seriously oversaturated, and what capital truly favors are those layer applications that allow ordinary users to "enter seamlessly."

In other words, the team that encapsulates on-chain interactions most thoroughly will be able to seize this wave of liquidity overflow. Those who truly understand user psychology and can hide Web3 black magic in the backend are now standing at the forefront. It's no longer about infrastructure; user experience is the real trump card.
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