Market Expert Says Ethereum Is “Cooked,” Here’s Why
Market analyst Justin Bons criticizes Ethereum's scaling approach, raising concerns about its future and market position as ETH struggles.

Market analyst Justin Bons has stirred conversation with his recent statements on Ethereum, expressing skepticism about its future. Bons, a vocal figure in the crypto space, points to issues around Ethereum’s approach to scaling and what he describes as a shift away from its original vision. He suggests that ETH’s current reliance on Layer 2 (L2) solutions over scaling its Layer 1 (L1) has placed it on a challenging path. This situation could hinder its growth prospects in a rapidly competitive market.