Why ETH shit in this cycle meaning from Andre Cronje- L2s ruining UX with fragmented liquidity and seperation- "L2s" farming ETH with centralized sequencers dumping hundreds of millions of ETH- USDe with literal billions of dollars of constant short pressure- Competitor chains offering better ux and ui with better speed and finality- Competitor chains actually supporting their biggest apps instead of trying to be neutral- Ethereums scaling roadmap is basically "do nothing and see if L2s can fix our issues"- who even is representing ethereum? Till now the biggest defenders were podcasters instead of engineers (this last one getting fixed by Danny)I mean, I dont know a single other team who are looking to deploy on Ethereum, its almost always Solana, Avalanche, Base (the ETH trojan horse), (or Sonic - I ofcourse have bias here). shared with @gif (follow @0xconca.eth to remove this watermark) shared with @gif (follow @0xconca.eth to remove this watermark)

Ethereum is facing some serious challenges in this cycle, especially in terms of scalability and competition from other chains. It's crucial for the Ethereum community to address these issues and work towards improving the user experience. Let's hope that the developers and engineers can come together to find effective solutions for the future of Ethereum. 💡🚀