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Let me list some data and make a bold statement: 1/ Last week, the average daily active addresses for X Layer was 4004, a decrease of over 50% month-on-month. 2/ Chain TVL has improved, but the actual source is that the official team deployed 6 million units of liquidity to Uniswap, mainly in ETH and SOL pairs. If this data is excluded, user assets are constantly flowing out. Refer to L2 Beats; stablecoins saw an outflow of approximately 30% per month, with an 8.5% outflow last week. (I don't understand this logic; what kind of users would want to trade ETH and SOL on X Layer?) 3/ In the past month, no new memecoins with a FDV exceeding 1 million have successfully launched on X Layer (excluding 99% highly controlled schemes). A few older memes are struggling to survive. 4/ Curve has been deployed on X Layer for at least a year, but its front-end X Layer trading volume is consistently not displayed; no one has fixed it or paid attention. I wonder if the team that pushed Curve's deployment has paid attention to the subsequent data. 5/ X Layer lacks prediction markets, RWA, and on-chain perks. It once had a meme launchpad, but it was considered outdated. Perhaps using Uniswap on X Layer to trade Solana Tokens is the real user need.

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@star_okx
02-04
X Layer 起步相对较晚,但必须走过基础设施和生态建设的必经之路。这类事情需要时间,也只能交由时间来验证。X Layer 一直是 OKX 的核心战略之一,我们将与社区一起长期投入、共同成长。 x.com/web3a99/status…
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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