Andy
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Andy· 2025-08-31 07:48
Market Dynamics - Framework Ventures partner's opinion was sought regarding the $XPL liquidation spike by Justin Sun on Hyperliquid pre-markets [1] - The question of whether Hyperliquid should have intervened in the $XPL liquidation spike, similar to their response to the Jelly Jelly oracle exploit, was raised [1]
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Andy· 2025-08-31 02:35
RT Bobby Ong (@bobbyong)I had lunch with the CEO of an L2 today and his take was rather similar too. Instead of focusing on the chain, they are doing internal hackathons to build consumer apps to grow revenue and utility.He hasn’t come to the conclusion to launch the apps on Solana or Base and abandon their chain yet, but still trying to launch a killer app to revive the chain. Instead of working with other dev teams, they are just doing it in-house.I guess everyone is realizing that a pure infra play will ...