Author: Haotian
Since the bull market is here and everyone is unsure what to play, what are some niche narratives that were ill-timed during the bear market but are still interesting to keep an eye on? (Some have already started pumping.)
1) Hooks: Uniswap V4 Hooks are externally customizable smart contracts that can insert custom logic at key points in an AMM pool's lifecycle (initialization, add/remove liquidity, before/after swaps, donations, fee handling, etc.). (uPEG\SATO\Slonks)
2) x402: Reviving the HTTP 402 Payment Required status code, which has long been reserved but never truly used, to become the underlying support for Agent Payment. (PAYAI, dreams, etc.)
3) RWAFI: Not just putting assets on-chain, but introducing composable DeFi玩法 based on TradFi assets as underlying liquidity or tokenizing asset narratives. (Stonkbroker, INDEX, etc.)
4) Agentic Economy: An open protocol introduced by Google that allows AI Agents from different frameworks to discover, communicate, delegate tasks, and collaborate with each other, becoming the communication foundation for the Agentic Economy. This enables a range of interesting 玩法 like Agent social networks, Agent games, and applications where Agents replace humans. (Moltbook, etc.)
In addition, there are a series of innovative narratives related to AI+Crypto, including Agent infrastructure, applications, protocols, and more. Prediction Markets, Perp Dexes, and the privacy narrative are not mentioned here, as they have always been hot.
What other interesting narrative topics are there? Feel free to add them in the comments. (Most of the projects mentioned above are already dead, for reference only, do not blindly invest.
