Maigoro

This doesn’t mean Ethereum is abandoning Layer 2s.

It means Ethereum is shifting where scaling happens:

From execution on L2s → to data + security on Ethereum itself.

With EIP-4844 (Proto-Danksharding) and the roadmap toward Danksharding, Ethereum is turning into a high-throughput data availability layer, while L2s compete as execution environments.

What Changes for ETH?

Bullish long-term:

•More L2 usage = more ETH burned (blob fees still paid in ETH)

•ETH becomes the settlement & security layer for all rollups

.Network revenue shifts from gas → data fees

•ETH becomes the “base asset” of the modular stack

Short-term risk:

Lower mainnet gas fees = less hype around congestion, but higher real adoption.

What Happens to L2 Tokens?

Winners:

E L2s with:

•High users & TVL (Arbitrum, Base, Optimism)

•Strong ecosystems (DeFi, gaming, social)

•Real

Losers:

• Copy-paste chains

• No users

• No differentiation

• No sticky dApps

These will bleed slowly as capital consolidates.

$ETH