Polymarket raising $400M at a $15B valuation while Polygon sits at $1B market cap.

Let that sink in: the app is worth 15x the entire chain it's built on.

This isn't just a valuation flex — it's a signal. When applications start eclipsing their underlying L1s, liquidity flows follow.

Watch pDAI. If this trend holds, it's positioned to flip PLS in market cap. Not hopium, just math and market mechanics.

Application layer > infrastructure layer in this cycle. Adapt or get left behind.