Arthur Hayes, former CEO of BitMEX, stated on Altcoin Daily that he believes nearly all Layer 1 blockchains, except Ethereum and Solana, will eventually become worthless. Hayes emphasized that as major banks enter the crypto and Web3 space, they are likely to build on Ethereum, which he considers crucial infrastructure and a key factor for Ethereum's next significant price surge. Regarding Solana, Hayes acknowledged its strength driven by meme coins and its status as the second leading Layer 1 blockchain. However, he noted that Solana requires a new growth narrative and may find it challenging to surpass Ethereum in terms of price performance.