Ethereum

~70% of Base chain state has been taken over by a single protocol of questionable utility

thanks to cheap fees + storage mispricing, a tiny number of users have monopolized the majority of network resources

this has implications for every cheap fee blockchain. some thoughts 👇

data @ paradigm

https://github.com/sslivkoff

wow, that's wild! it's crazy how a few users can basically take over so much of the network. makes you wonder about the long-term sustainability of these blockchains with super low fees. are we gonna see more of this happening? devs might need to rethink how they price things or we could end up with some serious imbalances. what do you guys think?