Fine work, herne.

Solana will replace Ethereum which will gradually decline.
The Solana mainnet is in beta mode and has shown its enormous resilience by addressing unknown problems in record time compared to the gigantic volumes to be processed. In addition, FireDancer will bring the final touches to its security and the network will switch to production definitively.
Ethereum died the day it abandoned proof of work. now it is an extremely expensive limited blockchain which will die slowly cluttered by multiple layer 2s which are only patches on an aging network.

I love the Ethereum FUD. Please bring more. Be cautious when everyone shills a certain token. The less Ethereum is in the news the more it means you are still early. Remember Kennedy's shoeshine boy.

On a serious note, I have no doubt Solana will eventually fix their transaction issues. It remains to be seen though if the one chain for everything approach will work out. Currently it seems it doesn't because of all the failed transactions.

https://solanabeach.io/transactions

Solana will also have to address the inflation of the token. It's pretty high. Transactions are low because the chain subsidizes the stakers and giving them yield from the inflated supply. Ethereum's tokenomics is better right now than almost any blockchain. Binance BNB also has a good tokenomics, and Bitcoin obviously.

Ethereum's L2 is working out very well currently. See how Coinbase's Base has performed. It's an Ethereum L2. There are actually more L2s in the pipeline lol! And Bitcoin developers are also working on Bitcoin L2s. See where it is going? Solana might eventually have to do the same. So that L2 argument of yours will not hold up down the road I think.

https://www.thestreet.com/crypto/innovation/coinbases-base-network-is-shaping-the-future-of-decentralized-finance

The New Frontier: Coinbase’s Base Network is Shaping the Future of Decentralized Finance

Coinbase's new Base network, built on top of the Ethereum blockchain, addresses the shortcomings of the popular Layer 1 ecosystems, Ethereum and Solana.

The move to Proof of Stake was a great move. It means Ethereum uses less energy and it actually makes it more expensive to attack the network compared to Bitcoin. Bitcoin mining will centralize more as less BTC is released to miners. So what happens if a rogue actor launches a few rockets at a couple of mining facilities? Sure, someone could do it to a staking facility also. But if it is more decentralized and compact it might be harder to do.

We'll see how it turns out in the long run.

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Keep up the good work, Bhanky.

You look marvelous.

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