Is the Ethereum 'DeFi Crown' Going to be Snatched by Solana?
Uniswap founder issues a rare warning: if Ethereum continues to ignore L1 performance, it will be overtaken by Solana in the DeFi space.
He praised the Solana team's focus and clear vision, stating that its high-speed, low-cost L1 has met most DeFi needs. Meanwhile, Ethereum remains trapped in a complex L2 ecosystem, with low efficiency, high costs, and slow development.
🔹Raydium's trading volume in the past 30 days has surpassed Uniswap
🔹Solana's transaction speed exceeds 4,000 TPS, with costs approaching zero
🔹Ethereum's performance this quarter is close to its worst in 10 years, with ETH struggling to hold the 2,000 mark
Not only are developers flowing to Solana, but even the Uniswap founder has publicly stated that he does not rule out shifting focus back to the L1 path.
The dominance in the DeFi space may shift from modularity to integration. Is Ethereum's roadmap really the right direction?
