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Emin Sirer, CEO and founder at Ava Labs, states that the era of memecoins has ended and calls for blockchains to demonstrate their ability to address real finance using real assets.
Sirer emphasizes a shift in focus from speculative tokens to tangible financial use cases within blockchain technology.
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Earlier, Sirer described Layer-1 blockchains as foundational tools that enable businesses to create compliant, high-performance custom chains. In a previous interview, he stated that these architectures serve different business requirements. Details on his views can be found in Layer-1 architectures meet different business requirements, Emin Sirer notes.