Nansen CEO Alex Svanevik has issued a stark warning that Ethereum could face obsolescence by 2030 if it fails to address critical issues. Svanevik criticized the Ethereum community for overlooking data that indicates the network is losing momentum in growth metrics, often relying on Total Value Locked as a justification. He pointed out high transaction fees, network congestion, and slow progress on scalability as significant threats to Ethereum's future. Svanevik emphasized the need for a shift towards data-driven solutions and an improved user experience to maintain Ethereum's competitive edge. He questioned Ethereum's ability to remain relevant if it cannot effectively scale, urging immediate action to prevent the network from falling behind.