Ethereum Gave Away Too Much for Too Long. Will Its Pivot Be Enough? - Ep. 829

Ethereum Gave Away Too Much for Too Long. Will Its Pivot Be Enough? - Ep. 829 – Unchained

Market views

Bullish

SOL— Solana is positioned to benefit from Ethereum's strategic errors and lack of product improvement, potentially attracting users switching from Ethereum.
BASE— Base, Coinbase's rollup, is well-positioned in the rollup ecosystem due to Coinbase's strong relationship with Circle, potentially giving it an advantage in USDC issuance.
HYPE— HyperLiquid has gained significant market share and is strategically positioned within the Ethereum ecosystem, potentially benefiting from its connection to Arbitrum.
DEFI— Financial applications are the dominant value generators for Ethereum, outperforming social apps and other use cases in terms of real-world usage and value creation.

Bearish

ETH— Ethereum's decision to give away 90% of its protocol fees via rollups and its lack of product improvement may negatively impact ETH's value.
LAYERTWO— The rollup ecosystem is likely to consolidate, with only a few successful rollups surviving while most will struggle with low liquidity and short-term farming.

Not investment advice.