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Leon Waidmann | Onchain Insights
@leon-waidmann
🤯 Mind-blowing that Ethereum sentiment is so low despite massive L2 adoption! This mismatch makes no sense. Low sentiment + strong fundamentals? Makes me even more bullish on ETH! Perfect setup for a breakout. 🚀
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Jack
@jackten
I mean sentiment is low because L2 adoption hasn't been very impressive at all? Solana is doing more transaction than 3x all L2s combined. L2s aren't even processing enough transactions to create a fee market for blob space. Profitablity has plummetted. Fundamentals are actually very grim
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