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Justin Sun Asked ‘What Happened to Ethereum?’: Here’s The Answer

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“What happened exactly for Ethereum?”, “What happened exactly for Ethereum?” His question raised a discussion in the encryption community. However, the main responses explain the challenges currently face ETHEREUM.
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The maximum market
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Before the last upgrade from ETHEREUM, Layer 2 (Layer) networks were the main buyers of ETH. They used it for transactions and distinctive symbol burns, reducing the comprehensive ETHEREUM supplies and strengthening the network. Support this system projects such as Celestia and benefit, which helps Ethereum in keeping the contraction. But now things have changed.

Justin Sun Etheerium Critic

After the upgrade, things changed. Now, L2S ETH sells more than they buy. This means that Ethereum supplies are increasing instead of reducing it, which makes it less attractive as the backbone origin. Investors feel anxious because this transformation weakens the stability of the network.

ETH has already moved to the POS proving system, but it is still struggling with high transaction fees and slow expansion. Ethereum was supposed to make more efficient but not solve these main issues. Meanwhile, the latest L2S like Starknet offers cheaper and faster transactions, making Ethereum look less competitive.
Another great concern is decentralization. Under the Old Work Declaration System (POW), ETHEREUM had more central and safely. But since moving to points of sale, some independence has lost. It is stuck between the legacy of the old prisoners’ prisoners and the new sales structure – without fully committing to either of them.
Ethereum attempt to balance the two worlds does not work. It is more expensive than the competition for L2S but it is less decentralized than before. This uncertainty confuses users and weakens the ethereum position on the market.
Justin Sun’s tweet highlights real concerns. The last upgrade, the height of ETH supplies, and the lack of a clear strategy has created all challenges. With the height of the fees and the weak expansion, the ethereum should be chosen:
  • Should he focus on being very central and sovereignty?
  • Or should you give priority to low fees and the ability to better expand?
In order for Ethereum to make a clear decision, its conflicts may continue.
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Main meals

  • Ethereum marketing the market changed – L2S now sells ETH than you buy, increase supply and weaken her contraction.

  • The ability to expand and fees is still a problem – despite the points of sale, ETHEREUM is still struggling with high costs and slow transactions, while L2S like Starknet offers better alternatives.

  • Decentralization is weaker – the transition from POW to the points of sale reduces Ethereum independence, leaving it without a clear direction.

  • Ethereum needs a clear strategy – you must choose between decentralization and expansion to stay able to compete.

“What happened to Ethereum?”

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