Synthetix founder: L2 and Alt DA weaken the profitability of Ethereum mainnet
Synthetix founder Kain stated in a post that the Ethereum mainnet is facing economic pressure due to the diversion of transaction activities to L2 scaling and the introduction of Blob in EIP-4844 to reduce data availability costs. Kain believes that the rise of L2 has diverted profits that originally belonged to the mainnet, and in the future, shifting towards solutions like Alt DA such as Celestia may further weaken the profitability of the Ethereum mainnet. To address this issue, he proposes that in the short term, L2 can contribute back to the mainnet through official L2 or rental mechanisms, while in the long term, it will be necessary to rely on new demands such as tokenization of real assets to increase the overall usage of L1/L2.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
ETH just had lowest quarterly return since Q2 2022: Blockworks Research
The network is at a “pivotal juncture,” Blockworks Research’s Marc-Thomas Arjoon said

Riot Platforms Hits Post-Halving Bitcoin Production High as It Expands AI Capacity
Solana Price Pattern Points to a 65% Surge as Key Metric Beats Ethereum by Far
GameStop just announced a $1.5 billion Bitcoin deal
Trending news
MoreCrypto prices
More








