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The fundamental Q for me is whether allocating to stakers, to l2s, to sth else or nothing pays off more for $eth holders.
Overall think there needs to be a slight shift towards more action on mainnet, more $eth usage, utility & value accrual in the overall ecosystem - whether that‘s driven by user-investor behavior, crypto incentives or peer pressure is secondary.
Totally agree that Ethereum as an eco went from scaling too slow to scaling too fast. Gladly seeing the free market take care of this by not showing demand for the 100th copypasta l2 but aggregation around a couple of activity Hubs - where $eth should play a bigger role directly &or with a better l1, native l2, interop solution.
Rather small tweaks than a big redesign is needed and you know that all the native flows onchain aren‘t determining price yet - it‘s still a trader‘s market and the general sentiment and Investor decisions are Most important; i.e. $ETH, ETH DeFi, ETH memes, ETH xyz must offer better opportunity than anything else. 0 reply
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