$ETH ETH has stepped down from the altar of smart contracts and DAPPs with EVM

Once upon a time, Ethereum (ETH) represented the entire future of smart contracts, and EVM was seen as the key to opening a new era of decentralized applications. However, a decade has passed, and ETH has not continued to lead; instead, it has gradually dragged the entire industry into a 'compatibility quagmire,' ultimately falling from its pedestal.

The era of explosive smart contracts was indeed led by ETH, but starting in 2021, this track has gradually been hijacked by 'hype, copy-paste' and 'technological stagnation.' EVM has been touted as the 'industry standard,' yet has not truly evolved. Developer tools are outdated, gas fees remain high, L2 is slow and cumbersome, cross-chain experiences are poor... this is far from an altar; it is clearly shackles that lock down innovation