Lorenzo of ARK Invest has asserted that growth on Ethereum's Layer 1 network is no longer occurring. He contends that the current state of the base layer indicates a significant slowdown in activity and expansion.
According to Lorenzo, the Ethereum Foundation has not yet internalized this lack of L1 growth. This perspective suggests a potential disconnect between the governing body's strategy and the actual developmental trajectory of the primary Ethereum network.
ARK Invest's Lorenzo Argues Ethereum L1 Growth Has Stalled
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