One thing I’ve learned from watching crypto cycles is this:
Technology matters.
But capital flow decides survival.
When I look at Fogo, I’m not just analyzing architecture — I’m thinking about positioning in terms of liquidity and ecosystem gravity.
New chains usually try to attract fresh users from scratch. That’s expensive and slow.
But networks that integrate into an already active developer environment reduce friction dramatically.
SVM compatibility isn’t just a technical choice. It’s a capital efficiency decision.
If developers don’t need to relearn everything,
if tooling doesn’t need to be rebuilt from zero,
if liquidity can flow more easily —
Adoption becomes less about marketing and more about utility.
That’s a smarter long-term play.
I also believe markets reward clarity. Chains that try to do everything often struggle to explain why they matter.
Fogo, from what I see, is narrowing its thesis instead of expanding it.
And in a crowded Layer 1 landscape, clarity is an advantage.
I’m less interested in short-term hype here.
I’m more interested in whether this positioning attracts serious builders.
Because builders create ecosystems.
And ecosystems create durability.