PANews reported on June 7 that Nick Tomaino, founder of 1confirmation, posted on the X platform stating that Ethereum is the 'origin' of stablecoins, risk-weighted assets, DeFi, NFTs, decentralized social media, and prediction markets, but the market seems to show little concern for what Ethereum has accomplished, and the Ethereum community sometimes lacks a competitive spirit.

However, as the activity on the Ethereum chain reaches historical highs, the listing of Circle pushes stablecoins into the mainstream, and X collaborates with Polymarket, Ethereum is gradually finding a balance between creativity and competitive spirit.