But didn’t you say that everyone fullscreens their windows anyways? So docked to the application is exactly the same as docked to top in 90% of the cases.
And even if you have multiple windows on the screen at the same time, it makes much more sense to me to look at the top of the application, since when all menubars are at the top, you first need to check which one is active before you use the menubar.
The application name is in the menubar.