MODE: the journey until here and the road ahead 🛣 From newcomer to L2 leader in just under 7 months, @modenetwork ascent is nothing short of remarkable. A detailed analysis 👇🔍 1⃣ Mode Recap Mode Mainnet has been live for just under 7 months. In that time, they have grown from a new project into a leading L2 with $500 million in TVL. Over 60 DeFi protocols deployed on mainnet, a successful accelerator program and over 400,000 users onchain. Mode is currently the third biggest ecosystem in the Superchain, behind Base and OP Mainnet, and our goal to be the centre of Superchain DeFi continues. 2⃣ AiFi Integration The latest (and super bullish) news announced by team is that they will pioneer research and development with leading partners to build the AIFi economy. Mode, in the following 12 months, will be focused on three core areas: • AI-Secured L2 Sequencer: They're partnering to implement AI-driven security measures, stopping malicious transactions before they impact smart contracts • Onchain Agent Infrastructure: Collaborating with various projects, they're making DeFi interactions easier by allowing users to deploy AI agents to execute strategies on their behalf • AI-Powered Interfaces: They're developing user-friendly tools like a consumer wallet app with AI features for simpler onboarding to crypto 3⃣ FOMC Results The Federal Reserve has just delivered a significant boost to market sentiment, announcing a 50-basis point interest rate cut – the first such move since the early days of the Covid pandemic. This decisive action, coupled with the Fed's acknowledgment of moderating inflation and a weakening labor market, is a clear signal that they are committed to supporting economic growth. With Uptober and the "banana zone" — a period of low volatility and steady gains — just around the corner, this positive signal from the Fed could ignite a powerful rally, injecting renewed confidence into investors and propelling the market higher. 4⃣ $MODE Token With the market showing signs of bottoming and potential positive FOMC results on the horizon, the stars seem to be aligning for a potential bull run. Amid this promising backdrop, $MODE token presents an enticing opportunity. Undervalued and poised for growth, $MODE stands as a gateway to the AI revolution, offering investors a chance to capitalize on what is shaping up to be the dominant narrative of this cycle. As an AI infrastructure project and ecosystem, Mode provides exposure to the burgeoning field of artificial intelligence, positioning itself at the forefront of technological innovation. Now is the opportune time to load up on $MODE and secure your place in this exciting journey. 5⃣ The End Mode's journey thus far has been nothing short of impressive, with significant growth and adoption in a short period. Their bold foray into AIFi, coupled with the anticipation of a market upswing, sets the stage for even greater achievements. $MODE, with its current undervaluation and immense potential tied to the AI narrative, presents a compelling investment opportunity. Don't miss out on this opportunity – consider adding $MODE to your portfolio today! As Always NFA / DYOR!