It's becoming impossible to overlook the sheer amount of real infrastructure that's materialized around $SEI throughout this year. The ecosystem development is actually quite significant when you start digging into what's been constructed.

I'm planning to break this down in detail over the next couple of days—looking at what actual projects and protocols have solidified, which builders are committing resources, and what this means for the chain's trajectory moving forward.

The infrastructure layer is where you really see the difference between hype and genuine ecosystem growth.