For those Ethereum stakeholders who think it doesn't matter that many tokens choose to launch on an alt-L1 competitor to Ethereum instead of an Ethereum front-end like Base, because Ethereum still leads in DeFi TVL, tokenized external asset (e.g. real estate, equity) deployment, and stablecoin market share: It's not enough to be ahead of the next biggest smart contract platform. Ethereum stakeholders need to understand the task in front of us, which is to replace Bitcoin as the top cryptocurrency by market cap. Ethereum starts from a branding disadvantage — Bitcoin already owns dominant mindshare. Closing that gap requires a near-flawless narrative and airtight dominance across every category of onchain activity, with no cracks, and no meaningful smart contract competitors. We slipped once — letting Solana corner the low-value token market and briefly take the DEX volume crown. We've reclaimed that lead, but that's not enough. Ethereum needs to consolidate and expand its dominance across every area: DeFi, NFTs, RWAs, identity, social, gaming, payments — everything. The rollup-centric roadmap, with Base, Arbitrum, and Optimiums like MegaETH, along with the new drive to scale Mainnet to 10,000 TPS through native execution, is how we scale Ethereum to total supremacy. Only then, when Ethereum is so dominant that its network effects are unassailable, do we have a platform strong enough to seriously challenge Bitcoin at the top.
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