I believe that chain fragmentation is one of the things holding crypto, when you think about all the chains we have, Ethereum, Solana, Avalanche, Arbitrum, etc, all of these means assets, apps and users are scattered.
What we get is, we constantly have to bridge assets across chains, which can be risky and or expensive, you also need different gas tokens for each chain, add that to the fact that many dApps only work on one or two chains limiting access.
To be fair, I’ve seen a few attempts at trying to solve these issues, think of LayerZero, Wormhole, Cosmos and my personal favorite Cycle Network.
Although its utility of solving chain fragments by allowing users interact with dApps, move assets, or provide stablecoin liquidity without thinking about the chain they’re on is a major selling point, I think there’s a lot more focus on the token itself or even stuffs like the candybomb on Bitget.
Which is not entirely a bad thing as most of us are in crypto to make money, and a project’s utility lends it more value, but this is a topic for another post.
submitted by /u/minibuddy0
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