will start sharing some more market takes here now, but damn, it's amazing to see how much the VC class is fading Ethereum L2s

sure, most have some L2 exposure, but intellectually, they've totally aligned elsewhere

i think induced demand from massive new L2 capacity + the ability to transact in ETH will shock people

investor, advisor & fan of crypto, ethereum, defi, NFTs & AI. posts not expert opinions or advice. http://gallery.so/dcinvestor + http://deca.art/DCinvestor

IMO the extra friction is causing the delay:

Fiat to L1 (Solana)
vs.
Fiat to Ethereum to L2