The post Fat-App Thesis Could Shift Value to Apps as Solana, Avalanche Languish Against Bitcoin, Report Says appeared on BitcoinEthereumNews.com.

The Fat App thesis argues that applications, not layer‑1 blockchains, will capture most crypto value; recent market data and Hyperliquid’s surge support this view, suggesting investors may increasingly favor application tokens over protocol tokens in the months ahead. Applications may capture more value than base chains. Market ratios show many layer‑1s underperforming application tokens. Hyperliquid (HYPE) up 1,636% year‑over‑year, illustrating app-level demand. Fat App thesis: applications—not blockchains—may capture most crypto value; read expert analysis, key data, and next‑step insights. Learn more now. What is the Fat App thesis and why does it matter? The Fat App thesis proposes that value in crypto ecosystems will concentrate at the application layer rather than at base layer blockchains. This view matters because it can change how investors allocate capital, shifting emphasis from L1 tokens to app tokens that show real user activity and token velocity. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); How has recent market action supported the Fat App thesis? Market data shows several core blockchain tokens trading sideways or losing ground versus Bitcoin while certain application tokens have posted outsized gains. For example, Hyperliquid (HYPE) has recorded dramatic price appreciation, evidence often cited by proponents that user-facing apps can drive token performance. Source: Matt Hougan How does the Fat App thesis differ from the Fat Protocol thesis? The original Fat Protocol thesis argued that base layers (Ethereum, Solana,…

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Filed under: News - @ September 11, 2025 7:29 am