According to Odaily, Su Zhu recently stated on X that the 'fat application' theory has become a reality. He highlighted that Pumpfun and Hyperliquid have adopted highly efficient, low-risk venture capital (VC) participation business models. These applications have dominated as single entities on Solana and Arbitrum, controlling a significant portion of on-chain value. Su Zhu predicts that more similar applications will emerge, signaling an upcoming wave of cryptocurrency adoption.