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#POKT
One of my most confident ventures this year is doubling down on our Decentralization RPC network at $POKT through Grove.
Grove is essentially a fork of the POKT Foundation that sells multi-chain RPC services by leveraging the Pocket network.
$POKT itself is one of the few bets I still believe has close to 100x potential and has the fundamentals to attract a lot of VC/institutional money.
Today, the Pocket network has grown to 600 million+ relays per day. Compared to Alchemy and Infura, they are valued at $200-30 billion and $60-8 billion, respectively. The market valuation of Alchemy and Infura is estimated at $5 billion+. Node infrastructure will be one of the key categories for allocation.
One of the reasons $POKT burns/usage is growing so fast is that it's now cheaper than most other providers. Many of the biggest names in the space, such as TraderJoe, WalletConnect, Trust Wallet, have started converting, and many more are on the way.
Really an underrated gem.