Helius CEO: Expects an L1 revival next year

Helius CEO Mert stated that Aptos's new scalability test is impressive, and an L1 revival is expected next year. Solana will lead, followed by Avalanche, Sui, Aptos, Near, Fantom, as well as Monad and Bera. He pointed out that modular teams and other L1 projects have substantial financial reserves. Although he hopes to see useful crypto applications, he believes the infrastructure is not yet ready and may need another "cycle."