HELIUS CEO MERT MUMTAZ posted on X platform that APTOS's impressive new scalability test is expected to lead to a revival of L1 next year. He mentioned that SOLANA will take the lead, followed by AVALANCHE, SUI, APTOS, NEAR, FANTOM, as well as MONAD and BERA. MUMTAZ noted that modular teams and other L1 projects have substantial reserves of funds, but he believes that the infrastructure is not yet ready and may require another "cycle," while the competition to attract talent into the ecosystem is just beginning.

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Odaily Planet Daily News: Helius CEO Mert Mumtaz stated on X platform that Aptos' new scalability test is impressive, expecting a revival of L1 next year. Solana will take the lead, followed by Avalanche, Sui, Aptos, Near, Fantom, Monad, and Bera. Mumtaz mentioned that modular teams and other L1 projects have substantial funding reserves. While he hopes to see useful crypto applications, he believes that the infrastructure is not yet ready and may require another "cycle," with the competition to attract talent to the ecosystem just beginning.

HELIUS CEO predicts the revival of L1 technology, APTOS scalability test attracts attention