In this episode of the DeFi Podcast, hosts Bill, Rhett, and Jared sit down with Kory Shipp to break down why Avalanche is dominating the L1 space and how ACP-77 changed everything.Kory explains how Avalanche's genius strategy of slashing validator costs from 2000 AVAX to just 1 AVAX per month triggered a flood of Web2 companies building their own L1s. We dive deep into why this approach beats Ethereum's expensive L2 model and Polkadot's failed auction system.The conversation covers Avalanche's current meme coin season, native Warp messaging advantages, and why the C-chain is now the fastest and cheapest EVM in crypto.Key Topics:🔺 ACP-77: How validator cost cuts changed everything🔺 Why AVAX L1s are crushing Ethereum L2s🔺 Avalanche meme coin season analysis (Cat coin, Arena app)🔺 Native bridging vs expensive Ethereum bridges🔺 Web2 companies flooding into Avalanche ecosystem🔺 GoGoPool rebrand to Haifa and L1 infrastructure🔺 Why low fees beat high revenue extraction modelsChapters:00:00 Introduction to Meme Coins01:19 Market Update and Trends03:42 Discussion on Fed Policy and Economic Indicators11:19 Avalanche and Meme Coin Season18:14 Debate on the Value of Meme Coins22:25 Bitcoin: A Meme or More?24:15 Regulatory Shield of Meme Coins24:52 Avalanche and the Om Fork26:54 Avalanche's Fee Reduction and L1 Model28:43 Ethereum's Fee Market and L2s29:37 Value Drivers for L1 and L2 Chains35:36 Avalanche's Validator Fee Reduction Impact38:40 Haifa's Role in the L1 Ecosystem44:13 User Experience and Cost in Blockchain48:29 Concluding Thoughts and Future DiscussionsFollow the Hosts:@Bill_Tanyeri@JFSaine@RhettShippDisclaimer: Nothing discussed on this podcast constitutes financial advice. Please consult a professional investment advisor and do your own research before making any financial decisions.