to be fair, Solana also has occasional unlock, but it's small enough for it to be relevant, but yeah, Ethereum's founder dumping ethereum just give pessimistic impression to the holder.
I also personally hold some amount of ETH back then now completely shifted my portfolio to solana, though I'm also waiting for it to dump as well to add some bags.
honestly, not really interested in ETH anymore, the fee problem still as annoying as ever added with the massive L2 that's spreading the liquidity to various L2 chain making TVL spread thin.
at some point, I really believe that solana will truly replace ETH if this keeps up though.
I also personally hold some amount of ETH back then now completely shifted my portfolio to solana, though I'm also waiting for it to dump as well to add some bags.
honestly, not really interested in ETH anymore, the fee problem still as annoying as ever added with the massive L2 that's spreading the liquidity to various L2 chain making TVL spread thin.
at some point, I really believe that solana will truly replace ETH if this keeps up though.
Yes. Seeing a founder dumping his own coins, tells me he stopped believing in it. At least, that's how I see it. Litecoin founder Charlie Lee, did the same. The only one who's still "hodling" is Satoshi. Who are we to judge, anyways? Whenever we like ETH or not, it's the one cryptocurrency that started the Web 3.0 craze. Without it, we wouldn't have decentralized apps, tokens, NFTs, etc.
I know ETH is expensive and slow at times, but no other altcoin can outmatch its level of security and reliability. If developers continue to work on it, nothing will stand on its way. Hopefully, ETH improves enough to handle a large number of transactions per day. L2 networks are just a short-term fix. The future is unpredictable, so I'd hope for the best.
