$Arc trading like it’s about to pull a $Virtual
People have seen what happened with $Virtual and now @0thTachi has confirmed the model will be replicated with @arcdotfun whereby $Arc will be paired in the LP with each new agent launch.
Of course at this point we don’t know whether arc will receive the same level of adoption virtual has, which is why there’s a 5x difference in market cap. Therein lies the opportunity however.
The early signs are there to believe @0thTachi can make this the Virtual of Solana. The team has been shipping non stop, and appears to have links to the Solana team already. Most importantly we are also seeing great dev uptake which btw is the real indicator to keep an eye on.
All of us on ct can speculate as to how useful a framework is but the real proof is the dev adoption whereby arc already has 25% the number of devs Ai16z has in less than just a week. We’ve seen this with L1s previously where greater dev adoption was an indicator of how useful an L1 actually is.
If we wait to see arc match the same level of adoption as virtual, the market caps will be closer in price and the opportunity will be gone. If you believe the early signs are there that this can play out as the virtuals of solana then the r/r is still very much there for you.
The way its currently trading it seems many are taking this bet