Rollups are only parasitic to ETH when they do the same thing as Ethereum Mainnet. As they become more customized and move away from “Ethereum but cheaper”, they’ll start to be additive.

h/t to @raihan for the great conversation today

imo rollups aren’t even parasitic to ETH if you sever token price performance from the equation

lots of analysis in this framework still has to do with people hoping for gains on their bags

design OKX • former NFTX • /coyg /football

Co-founder of @syndicate. Creator of $AGLD, Core Team at ConstitutionDAO. ETH since the 2014 presale

I don’t think they benefit the token at all, and don’t think they will. Ethereum can win without ETH winning

I believe that rollups are extremely value additive to the EVM. Absolutely plays a huge role in standardizing Ethereum and its developer ecosystem. But their benefits for ETH as a token specifically are much less clear