$TRX Ethereum and Solana: Competition and the Future!!!
As Solana rapidly rises in the DeFi space, Ethereum faces severe challenges. Uniswap founder Hayden Adams has clearly stated that Ethereum must accelerate its Layer 2 strategy to counter Solana's advantages in Layer 1.
1. Ethereum's Layer 2 Path
Adams emphasized that Ethereum has been exploring Layer 2 for over five years, and this strategy has been a core direction since 2020. He criticized those who wish to return to Layer 1, arguing that such back-and-forth adjustments could slow down the platform's development.
2. Solana's Advantages
Solana's Layer 1 architecture is inherently optimized for DeFi, giving it significant advantages in speed and cost. This advantage has allowed Solana to carve out a place in the market, and whether Ethereum can remain competitive in the future depends on the effectiveness of its Layer 2 execution.