@AustrianBitHawk@BigTibbir5@CryptoTice_ Your extrapolation is simply wrong.
ETH can handle orders of magnitudes more transactions these days.
A simple stablecoin spend contract will never cost $2,500, and never cost $250.
It seems you're not extrapolating how global finance needs credible neutrality. ETH is it.
Surprised to see so little chatter about Ethereum L2 DeFi TVL recently surpassing Solana
I invest in both ecosystems so this def isn't a tribal warfare post. But it does feel like a narrative violation that's gone mostly unnoticed
When Solana DeFi TVL overtook Ethereum L2s about 18 months ago, it was widely discussed. The consensus view amongst founders and investors was that it was directional: monolithic scaling was winning, the modular/L2 roadmap was losing, and the gap would only widen
But L2s quietly flipped back earlier this month. Combined L2 DeFi TVL (~$6.5B) now exceeds Solana (~$5.6B) after trailing for roughly 18 months
The biggest driver of that reversal is Base, which alone accounts for ~$4.3B (surprisingly close to Solana itself). It barely existed two years ago. This is Coinbase flexing that distribution muscle
If nothing else, it suggests the scaling debate is less resolved than the discourse assumed. And I suspect this won't be the last time the leader flips either
@TheHeightOfHype@cantonmeow Speculation on the future value of a better form of money
ETH won the L1 race, so if the future of the global monetary system values stability and neutrality, it'll end up here