In the fast-paced world of crypto, new Layer 1 (L1) blockchains are popping up left and right, promising faster transactions, lower fees, and specialized features. But are they the real deal, or just hype? That's the question buzzing around a recent clip from The Rollup, where Michael Anderson, co-founder of Framework Ventures, chats with hosts Andy and Robbie about the legitimacy of these newcomers—including Stripe's freshly announced Tempo. Shared via a tweet from @thedailydegenhq, this discussion has meme token enthusiasts wondering: could Tempo be the next hotspot for viral coins?

The tweet itself poses some intriguing questions: Are new L1s legitimate? Could one become the next Bitcoin or Ethereum? And specifically, is Stripe's Tempo a contender? The attached video clip captures Anderson breaking it down, emphasizing that success boils down to a solid playbook. For those new to the term, an L1 blockchain is the foundational layer of a network, like Ethereum, where everything from smart contracts to token launches happens.

Key Takeaways from the Conversation

In the clip, the hosts grill Anderson on whether these purpose-built L1s might just pivot to Layer 2 (L2) solutions—essentially scaling tools that sit on top of an L1 like Ethereum. Anderson pushes back, suggesting it's not "Ethereum cope" (a jab at Ethereum maximalists downplaying competitors). Instead, he argues that winners will emerge by blending elements of Bitcoin's store-of-value appeal with Ethereum's smart contract prowess.

He points to Stripe as a prime example. With its massive distribution network—think millions of merchants already using Stripe for payments—the company has a unique edge in crypto. Anderson outlines his "valuation heuristic" for a successful L1: it needs to generate revenue, have a native asset that's stakeable or usable as a medium of exchange, and serve as reliable collateral. Stripe, he says, might nail this by prioritizing distribution first, leveraging its existing user base to bootstrap the network.

The full episode, available on The Rollup's YouTube channel, reportedly dives deeper into Data Availability Layers (DATs), stablecoins, and the intersection of crypto and AI. While the clip focuses on L1 viability, the broader context hints at how these tech stacks could supercharge AI-driven applications, potentially including AI-generated meme content or automated trading bots for tokens.

Unpacking Stripe's Tempo: A Payments Powerhouse

Stripe's foray into blockchain isn't surprising given its recent crypto moves, like acquiring stablecoin platform Bridge. Launched in August 2025, Tempo is a high-performance L1 designed for payments, boasting compatibility with Ethereum for easy asset bridging. Partnered with crypto VC heavyweight Paradigm, and with Paradigm co-founder Matt Huang at the helm as CEO, Tempo aims to make cross-border transactions seamless and cheap—key for meme token traders who hate getting rekt by high gas fees.

Unlike general-purpose chains, Tempo's focus on fintech could attract stablecoin integrations and DeFi apps, creating fertile ground for meme tokens. Imagine launching a viral cat coin with near-instant settlements and minimal costs, all backed by Stripe's battle-tested infrastructure. However, as industry reports note, this move has stirred backlash, with critics questioning if fintech giants like Stripe and Circle (with its Arc chain) are just centralizing decentralized tech.

How This Could Shake Up the Meme Token Scene

Meme tokens thrive on hype, community, and accessibility. New L1s like Tempo could be a game-changer by offering lower barriers to entry. For blockchain practitioners, this means more options for deploying tokens without Ethereum's congestion. If Tempo gains traction, we might see a wave of payment-themed memes—think "StripeCoin" or AI-infused tokens that leverage crypto x AI synergies discussed in the episode.

On the flip side, Anderson's realism is a wake-up call: not every L1 will make it. Many might fade or pivot, but those with strong distribution—like Stripe's—stand a shot at becoming staples. For meme creators, this underscores the importance of choosing chains with real utility, not just pump potential. Keep an eye on integrations with stablecoins, as they could stabilize volatile meme markets and attract more normies.

As crypto evolves, discussions like this remind us that innovation isn't just about tech—it's about adoption. Whether Tempo becomes the next Ethereum or a niche player, it's clear that big players entering the space could turbocharge meme token creativity. Head over to the original tweet for the clip, and let us know in the comments: Would you launch a meme on Tempo?