$ETH Cardano founder Charles Hoskinson recently made headlines for his bold prediction: Ethereum may collapse in the next 15 years. The reasons? Fragmentation, outdated technology, and excessive reliance on Layer 2 networks.

🔹 "Ethereum will ultimately end up like Blackberry or MySpace," Hoskinson stated.

Hoskinson, who co-founded Ethereum, believes the platform is on a path to structural failure.

According to him, Ethereum is becoming overly reliant on Layer 2 scaling solutions like Arbitrum, Optimism, and Base, which are slowly "extracting value" rather than helping the main chain grow.