Token Terminal recently climbed to the #1 trending position despite having no native token yet. The move underscores a critical shift in crypto infrastructure development. Nansen's AI agent is pulling standardized protocol data, and now every crypto AI project launching is racing to integrate their API for accessing P/F ratios and revenue metrics across 100+ blockchain networks. Here's the thing: when infrastructure captures market mindshare before retail even gets a chance to buy in, you're looking at a different kind of competitive advantage. The token discussion becomes secondary when the platform itself becomes essential infrastructure.