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Leon Waidmann | Onchain Insights
@leon-waidmann
๐ฅ Iโve been deeply optimistic about Ethereum for years โ but the last few have seriously tested that conviction. ๐ Financially, ETH has underperformed: ๐น Still down 64% from its 2021 ATH ๐น Down 83% vs #SOL in 1 year ๐น Up just 18% since Jan 2018 (vs +526% for #BTC) But under the surface, something is shifting ๐ ๐ง Vitalik proposes replacing the EVM with RISC-V (zk-friendly, multi-language, scalable) โ๏ธ EF is pivoting back to L1 scaling: 3x gas, zkVMs, 100ms txs ๐ A new push to fix L2 fragmentation & unify UX The modular Ethereum vision is real. But execution โ not ideology โ will define the next cycle. I still believe in Ethereumโs long game. Now it needs to earn it. Will you still bet on $ETH? Letโs discuss ๐
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