(4) This Cycle’s Infrastructure Boom @monad_xyz - Monad is an L1 re-architecting the EVM for parallel transaction execution with 1s block times, 1s finality and over 10,000 TPS. Monad recently raised $225M in a round led by Paradigm. @fhenix - Built by the founders of Secret Network, Fhenix is the first confidential L2 powered by fully homomorphic encryption (FHE). @JamboTechnology - Jambo brings emerging markets on-chain through the flagship JamboPhone, a $99 USD gateway to Web3. They have received 300,000+ phone orders with 100,000+ shipped and 200,000+ wallets created across 107 countries. @TanssiNetwork - Tanssi deploys virtual blockchain instances called “ContainerChains”, readily deployed app chains with dedicated blockspace. Tanssi recently launched an incentivized testnet which attracted over 1300 appchain registrations. @lastdotnet - Last is an Ethereum L2 focused on building sustainable ecosystem incentives “built to last”. @glacislabs - Glacis is a routing layer aggregating cross-chain interoperability protocols such as Axelar, Wormhole and LayerZero. @RillaNetwork - Founded by the former CTO of Altered State Machine, Rilla is a P2P video streaming network aiming to reduce the cost of content serving by up to 90%.