Tom Lee Responds to Claims That "Ethereum" Is Being Eroded by L2s: "I Disagree; ETH Is On-Chain"
Svmuu News: Bitmine Chairman Tom Lee posted on X in response to market concerns that Ethereum is being eroded by Layer 2 solutions.He expressed disagreement, noting that while Layer 2 networks are also attracting tens of millions of real-world users into the on-chain ecosystem, the Ethereum mainnet continues to solidify its position as the primary economic settlement hub, with its Fast Confirmation mechanism reducing transaction friction by approximately 98%.Tom Lee stated that Ethereum is poised to become the most widely used settlement layer for finance and AI agents, adding, “ETH is the on-chain currency.”
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Source:Odaily · Source Link
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