#NasdaqETFUpdate Gas fees will no longer be the primary driver for demand for Blockchain coins. The coin that is at the center of the currency will have the incentive to increase in value as the ecosystem develops. This applies not only to Blockchain L1 and L2 but also includes applications.

If we follow the above thesis:

• Blockchain coins need to ensure dominance in being used as currency within the ecosystem.

• Ethereum Layer 2 is growing, but ETH will benefit more than OP/ARB/... if there is no change in token governance.

• Applications using their tokens as currency are also noteworthy. For example: VIRTUALS, TAO,...