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There's not much left of the old new chain, only solana can fight. While L2 removes liquidity and reduces the value capture capability of Ethereum, this is only temporary because it occurs when there is insufficient liquidity on the floor. Just like 17 years of ICO and 21 years of liquidity mining, which ended up leaving only a few companies in each subdivision track, L2 will also experience a process of first explosion and then convergence, and liquidity will eventually accumulate in a few chains. At the same time, Ethereum will eventually solve the interoperability problem.
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