Opinion
Corporate giants are building their own L1s, shifting blockchain from neutral infrastructure to strategic moats with regulatory advantages.
Ray Song
The author is an independent contributor writing an opinion or expert take. Views expressed are the author’s own and may not reflect Cointelegraph’s editorial position. Ray Song is a founder at aPriori. Ray led special projects at Jump Crypto and was previously a high-frequency trader at Flow Traders. He played a key role in scaling the Pyth Network as a contributor, leading partnerships that expanded Pyth from a Solana-native oracle to supporting over 30 chains and powering 150+ DApps. Post-FTX collapse, he was instrumental in driving the adoption of Pyth, underpinning nearly 50% of all DEX trading volume.
L1 is the new battleground, and the playing field isn’t even