Ethereum is facing a decline in ETH price due to high costs and low performance, the expansion centered on Layer 2 chains, large-scale sell-offs and liquidations, and the decreasing appeal of ETFs. Vitalik’s strategy to address these current issues by simplifying the Ethereum protocol appears to require serious consideration and careful deliberation.

Ethereum is facing a decline in ETH price due to high costs and low performance, the expansion centered on Layer 2 chains, large-scale sell-offs and liquidations, and the decreasing appeal of ETFs. Vitalik’s strategy to address these current issues by simplifying the Ethereum protocol appears to require serious consideration and careful deliberation.  https://vitalik.eth.limo/general/2025/05/03/simplel1.html