Markets feel quiet. But building hasn’t slowed ↓ Projects still shipping: • MegaETH — high-performance L2 • LayerZero — interoperability infra + new chain • Backpack — exchange + self-custody wallet • Arcium — confidential onchain computation • Tempo — payments-focused L1 • Aztec — privacy ETH L2 • 42space — event trading infrastructure • Trade.xyz — onchain trading platform • Konnex — AI-powered DePIN • KAST — global stablecoin payments infra Bear markets usually look slow on the surface. Underneath, infrastructure keeps compounding. Author: Green But Red 📱 X (Twitter) | 📱 Telegram