Fact number one: Layer 2 are not enemies — they are children of ETH. They are just going through a transitional age.
Nick Tomaino, founder of the 1confirmation fund, expressed perhaps the most sensible opinion in recent months (besides 'buy the dip'). He argues: Layer 2 does not destroy Ethereum — they enhance it. They are like hyperactive teenagers in the ecosystem: noisy, ambitious, and wanting more freedom. And here's an important point: they still feed off ETH, like students with a parent's card.
The more they move, the more ETH is burned through EIP-1559. And if you're holding ETH — you're essentially getting a share of the activity in these new megacities.
Fact number two: decentralization has moved to Layer 2 — and this is not the end of the world. This is Web3.
Have you seen Arbitrum, Optimism, Base? This is more than just bridges to cheap transactions. These are economic zones of free code, where DeFi, NFT, GameFi, and others -Fi bloom like tokens in a bull market. Yes, fees have dropped. Yes, some traffic has moved from L1. But do you know what remains?
The value of ETH as fuel for this entire carnival.
The market today: anxious, but not deadly.
ETH is hovering around $3,000, like an unemployed programmer. BTC is tired of institutional affection and has gone to lie in a sideways trend. But look at the on-chain data — activity on Layer 2 is hitting records. Base from Coinbase is growing like yeast. Arbitrum is moving towards cosmos-style appchains.
And now pay attention: more activity = more fees = more burned ETH = less supply.
Which asset benefits from this? Correct. ETH.
Conclusion: calm down. Layer 2 is not a disease. It's puberty.
If you're holding ETH and you're scared of L2 — it's like a gas station owner panicking about the rise in the number of cars. Don't do that. Accept the fact: Ethereum is now a platform for platforms, Layer 2 are the tenants, and you are the landowner on which they build.
