Alliance DAO Highlights Key Trends in Crypto Startups

Alliance DAO's Role in the Crypto Landscape

Alliance DAO is making significant strides in the crypto ecosystem as a prominent accelerator, nurturing Web3 innovators with substantial growth potential. Each year, the organization receives thousands of applications, utilizing its vast dataset to identify trends and insights within the evolving crypto sectors.

Demo Day Showcase

During the recent Demo Day, a selection of promising crypto startups presented their innovative ideas, offering a glimpse into the future of crypto development. The pitches aligned with Alliance's latest report on industry trends, which underscores Ethereum's continued dominance as the leading blockchain for dapp development, with around 62% of startups in Alliance's program built on it. However, there is a noticeable increase in interest towards alternative platforms, particularly Solana.

Emerging Technologies and Trends

Optimistic rollups, including Optimism, Arbitrum, and Base, are experiencing rapid adoption compared to zk rollups. Since its launch in 2023, Base has garnered significant developer interest, contributing to a large share of Layer 2 activity.

Post-FTX collapse, Solana has made a strong recovery, representing 18% of recent applications to Alliance. Conversely, Polygon, once a leading EVM scaling solution, is witnessing declining interest as it shifts focus towards zk validium technology.

Innovative Projects and Applications

Startups such as Amihan, Farm Frens, and Offramp are innovating by deploying as Telegram applications while leveraging other networks. Farm Frens utilizes NFTs minted on Solana, whereas Offramp collaborates with Dynamic and Zerodev to provide user-friendly, non-custodial wallet solutions integrated within Telegram.

Shifts in Product Verticals

The crypto space is seeing a shift in product verticals, with a growing focus on infrastructure, payments, and DeFi applications. Infrastructure projects are gaining traction due to their high valuations and investor interest. DataHive, for instance, is a distributed data collective powered by AI, emphasizing data democratization and privacy in a crypto-centric environment.

In contrast, interest in DAOs and NFTs is declining, as founders prioritize utility-driven applications that meet specific user needs over community governance models.