Many people scold OP and ARB, and even feel that holding is stupid. I personally feel that without the emergence of L2, Ethereum has collapsed. I have always said that Bitcoin and other cryptocurrencies belong to two different routes. Bitcoin is more like a religion, with a sense of medieval religion in Europe. The whole circle revolves around Bitcoin. Bitcoin is very evil. I have joined a Bitcoin religious community before. In their eyes, everything is garbage.
Ethereum is different. Ethereum has the most mature and huge ecosystem of blockchain. Ethereum is designed to serve more people. If you need to serve more people, you need more bandwidth. Without bandwidth, it is nonsense. In other words, without the emergence of L2, Ethereum has collapsed. A large number of transactions in the Ethereum ecosystem have been transferred to the L2 sector. Even many newcomers in the Ethereum community have joined the Ethereum community through the L2 sector. Ethereum is a technical coin. When the technology lags behind, many projects will naturally flee from Ethereum. Perhaps everyone does not know that this year is the year with the most frequent disputes in the Ethereum community. The technical bottleneck has caused the construction of L2 to not meet everyone's expectations. It is not ruled out that some projects will leave Ethereum in the future, just like the DYDX project. The fastest growing L2 sector is ARB, which has a total circulation of more than 10 billion dollars, which is not a very high market value. However, large funds are currently waiting for the Ethereum ETF to be approved. I think it will start to rise in advance before the expected rise. Once it rises, L2 will definitely rise in parallel. The problem of three or five times the space should not be a big problem. After all, L2 has gathered more than 85% of Ethereum's transaction volume, and even a pig will run up.
