I doubt if things will ever be the same again
Apparent the Ethereum gas fees have been dropping for a while so there will be no point of these layer 2 in the long run. Moreover, there are also very competitive layer 1 blockchains to Ethereum, such as Solana.
Apparent the Ethereum gas fees have been dropping for a while so there will be no point of these layer 2 in the long run. Moreover, there are also very competitive layer 1 blockchains to Ethereum, such as Solana.
ETH gas fees won't stay low forever. Especially with the hype surrounding NFTs, "meme" tokens, and whatnot. Consider this as an opportunity to take advantage of low costs, before it's too late. L2s will always be necessary to help keep up with daily usage. Whenever the main blockchain network becomes congested, L2s will be there to save the day.
Polygon's move from MATIC to POL is no big change. It's just a marketing technique. The rebranding might help attract new investors into the project. But the hype will quickly fade away, as the majority are focused on faster chains such as Solana and BSC. Not even Polkadot had any success with "Polkadot 2.0". The chain with the largest ecosystem of dApps, tokens, and services will remain "King" forever. Don't expect ETH to lose ground anytime soon. Let's carry on, shall we?
