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Crypto Market Cycles
- Crypto market cycles are driven by rising prices, increased interest, and new product development.
- Overexcitement about tech breakthroughs and overestimated maturation speeds lead to market drops.
2018 Infrastructure and Application Boom
- In 2018, significant infrastructure projects like Solana, Avalanche, and Near were launched.
- Applications like Uniswap, Compound, and OpenSea also emerged during this period, creating the next wave.
Scaling Solutions Emergence
- Scaling solutions like Optimism, Arbitrum, and zkSync are starting to gain traction.
- These technologies, conceived years ago, are now beginning to impact Ethereum's block space.