L2s printing fees like it’s 2021 again…
And guess where that revenue flows?
Straight to Ethereum.
$ETH is the base layer for all this Every tx, every blob, every calldata = rent paid to ETH
And the higher ETH goes…
the more L2s get used.
The more L2s get used…
the more ETH gets burned.
The more ETH burns…
the harder ETH pumps.
That’s the loop. And it’s just getting started.
Blobs haven’t even scaled yet. Mainnet hasn’t even congested yet.
And ETH still under $4K.
You’re early to the reflexive flywheel.

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