Founder of Cyber Capital: L2 networks of Ethereum are actually stealing Ethereum's users and fees

Odaily Planet Daily News: Justin Bons, the founder of Cyber Capital, wrote on the X platform that ETH is declining while L2 is dancing on its grave. Bons pointed out that since the implementation of EIP-4844 (Proto-Danksharding), ETH’s transaction fee income has dropped significantly and cannot keep up with the inflation rate. Meanwhile, the usage and transaction fee income of L2 networks have reached new highs and lobbied to maintain ETH’s low capacity. Bons believes that this constitutes a parasitic relationship, with L2 networks actually stealing ETH’s users and transaction fees by disguising themselves as being the same as ETH. Bons predicts that L2 networks will eventually migrate or become independent L1 networks, and ETH will gradually decline. He criticized the leadership of ETH for sacrificing their own interests for the sake of L2 networks, believing that this exposes systemic problems in governance. Bons warns that if ETH does not make a breakthrough in expanding L1 in the future, it may cause the token and equity prices of all L2 networks to collapse, so L2 networks have an incentive to prevent the expansion of ETH.