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Ethereum Still Rules Fees – But Are L2s Falling Apart?! On-chain data shows Ethereum still dominates with over $1.67B in DeFi fees – but L2s are struggling! - Ethereum pulled in over $1M in DeFi fees last week – but that’s a massive drop from its $11M peaks last year! - L2s like Base and Arbitrum are seeing declining users and fees – gas fees dropped below 1 Gwei, the lowest in 5 years! - Vitalik proposed scaling Ethereum Layer 1 by 10x to keep the network secure and decentralized! --But critics like Qiao Wang from Alliance DAO say building on Solana is now better than on Ethereum L2s
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