ETH mainnet is unusable again.

$150 in gas to make a swap.

On one hand this is extremely bullish for L2s and showing how far along they are.

On the other - it's really hard to see how any regular person ever uses mainnet during the bull market.

Also - a tx on BTC costs less than ETH... which is insane.

Onchain is the new online - FID 206 -  cooprecords.xyz

No one will be using Mainnet. Its the security layer.

So many foundational products and tokens exist on L1. 

Love this spirit and largely agree but L1 will always have a lot of usage IMO.

Sadly, my Curve and Convex bags disagree…

That's a brilliant way of looking and describing it.