Odaily News Synthetix founder Kain recently wrote that the Ethereum mainnet is facing economic pressure from a sharp drop in gas fees and ETH destruction due to the L2 expansion diverting transaction activities and the introduction of Blobs by EIP-4844 to reduce data availability costs.
Kain believes that the rise of L2 has intercepted the income that originally belonged to the main network, and the future shift to Alt DA solutions such as Celestia is likely to further weaken the profitability of the Ethereum main network. To solve this problem, he proposed that in the short term, L2 can be fed back to the main network through official L2 or rental mechanisms, and in the long term, it is necessary to rely on new demands such as tokenization of real assets to increase the overall utilization rate of L1/L2.
He emphasized that the Ethereum community has advantages in coordination, but it should decisively abandon irrelevant projects and focus resources on breakthroughs in the application layer to cope with competitive pressure from L2 and other data availability solutions.