Ethereum's Investment Viability Questioned Amid Layer-2 Expansion​

Ethereum's Investment Viability Questioned Amid Layer-2 Expansion​

Ethereum's investment appeal is under scrutiny as prominent venture capitalists highlight concerns over the impact of Layer-2 (L2) solutions and token proliferation on the network's value.​ Nic Carter, partner at Castle Island Ventures, attributes Ethereum's diminished investment attractiveness to "greedy Eth L2s siphoning value from the L1 and the social consensus that excess token creation was A-OK." He further asserts that Ethereum "w...

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