$ETH Cardano founder Charles Hoskinson recently made headlines with a bold prediction: Ethereum might collapse in the next 15 years. The reason? Fragmentation, outdated technology, and over-reliance on Layer 2 networks.

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

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

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

🗣️ "Layer 2 will continue to absorb all the alpha — and then people will start fighting," Hoskinson warned.

He also cautioned that Ethereum risks splitting into a mosaic of semi-autonomous networks, which could weaken its network effects and long-term sustainability.