import Image from '@site/src/components/Image';
Hey there, crypto enthusiasts! If you’ve been keeping an eye on the blockchain space, you’ve probably noticed some exciting shifts lately. Ryan Watkins, a well-known voice in the industry, recently dropped a thought-provoking thread on X (@RyanWatkins_) that’s got everyone buzzing. As a former editor-in-chief of CoinDesk and now a contributor at Meme Insider, I’m diving into his insights about what he calls the “enterprise blockchain 2.0 era.” Let’s break it down together!
What’s the Enterprise Blockchain 2.0 Era All About?
Watkins suggests we’re entering a new phase where big companies—both inside and outside the crypto world—are experimenting with blockchain technology. Think of it like version 2.0 of the enterprise blockchain trend we saw back in 2016. Back then, everyone was building their own separate blockchain systems, and tokens (those digital assets that power many crypto projects) were the shiny new thing. But now? The game’s changed.
Instead of creating isolated blockchains, companies are building on existing ones. For example, they’re developing Ethereum Layer 2 solutions (L2s) to make transactions faster and cheaper, or launching protocols on Solana, known for its high-speed capabilities. They’re also issuing digital assets across multiple blockchains. This interconnected approach is a big deal because it leverages the strengths of established networks rather than starting from scratch.
The Skepticism Around Tokens
One question Watkins raises is a familiar one: “If this tech is open-source, why wouldn’t a big player like a major corporation just swoop in and take over?” It’s a valid concern. Open-source software means anyone can use it for free, which could let giants like BlackRock or Stripe dominate without needing their own tokens. This skepticism is resurfacing as people wonder if tokens still hold the same value they once did.
Unlike the early days when every new token seemed to skyrocket just because the industry was growing, we’re now in a more mature “growth stage.” Watkins points out that token prices aren’t guaranteed to rise anymore, even with big names validating the tech. This shift means projects need solid economics and believable stories to justify their valuations—no more free rides for being an early adopter!
Where’s the Value Going?
So, who’s capturing the value in this new era? That’s the million-dollar question (or maybe the billion-dollar question, given the stakes!). Watkins highlights how centralized exchanges, fintech leaders, and even social media giants are acting as “distribution flywheels.” These platforms help spread the use of generational assets—think Bitcoin or Ethereum—that have stood the test of time. For instance, the recent news of Citadel Securities joining a funding round for digital assets (as shown in the image above) shows how traditional finance is jumping in.
But here’s the catch: the crypto industry isn’t just about crypto anymore. Watkins encourages us to look beyond the narrow lens of the cryptoeconomy. With players like Robinhood and Stripe getting involved, blockchain is shaking up the wider world—finance, social media, you name it.
Why This Matters for Meme Token Fans
At Meme Insider, we’re all about keeping you in the loop on the latest blockchain trends, especially those that might impact meme tokens. While Watkins’ thread doesn’t dive into meme coins directly, the broader trends he discusses—adoption by big companies, the role of L2s, and the evolving token economy—could influence the meme token space. For example, if Ethereum L2s become more popular, developers might build meme token projects on these cheaper, faster networks, potentially boosting their reach.
The Big Leagues Are Calling
Watkins wraps up with an exciting note: this is a thrilling time if you’re willing to put in the work. The industry has moved from its “pioneer phase” to the “big leagues.” No more easy wins for spotting scams or jumping in early—now it’s about digging into real economics and global trends. Whether you’re a blockchain practitioner or just a curious fan, this shift invites us to expand our horizons and learn from the wider world.
So, what do you think? Are you ready to explore beyond the cryptoeconomy? Drop your thoughts in the comments, and let’s keep the conversation going! For more insights, check out our knowledge base at Meme Insider and stay tuned for the latest blockchain news.