Ethereum needs to stay paranoid: A look at the ecological crisis through the TVL misconception

2025-12-15 03:50:30

Abstract generation in progress

【Blockchain Rhythm】Nansen CEO recently shared his views on the current state of Ethereum, sparking a lot of reflection. He openly admitted his love for Ethereum, having personally witnessed the rise of the crypto world, and he still holds ETH. However, he also candidly pointed out a serious issue—the Ethereum community is currently shrouded in an uncomfortable atmosphere of complacency.

Whenever someone points out gaps in Ethereum’s key metrics, the community’s response is often stubborn. They either claim that the data is not representative or dismiss it by citing the absolute advantage of TVL. The problem is, can one metric really tell the whole story?

His core point is: Ethereum must regain that obsessive spirit. If the community continues to lack vigilance and crisis awareness, by around 2030, Ethereum may no longer be the focus of attention. This is not alarmism, but a rational reflection on market evolution—only by maintaining enough tension can it remain undefeated in fierce competition.

ETH0.92%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

17 Likes

Reward
17
9
Repost
Share

Comment

0/400

BridgeNomad

· 19h ago

TVL numbers are honestly becoming the bridge exploit postmortem of metrics—everyone points at em when things go well but ignores the actual routing problems underneath. eth community's been leaning too hard on absolute dominance without questioning optimal capital allocation patterns. ngl, seen this complacency play out before with liquidity fragmentation... and it never ends pretty.

Reply0

tokenomics_truther

· 12-15 16:27

Really, the whole TVL thing should have been stopped long ago... Just focusing on the numbers and getting hyped, can't see clearly what you're actually doing --- Complacency is the biggest killer; Ethereum is just too comfortable right now --- That's right, whenever the community hears dissenting voices, they start throwing data around, this attitude... hmm --- 2030 is still early, but if we don't get serious now, it will be really embarrassing --- Why do we have to fall into the TVL trap? There are still so many things that haven't been done well --- Listening to opinions is fine, but the key is whether the community can truly take them in; I remain skeptical --- That hit the mark. The atmosphere in the Ethereum fan circle of "We are the strongest" is indeed... a bit stifling --- The discrepancy in metrics isn't the problem; the problem is unwillingness to face it honestly --- Obsession, ah, it's easy to say, but changing consensus is difficult --- Instead of bragging about TVL, it's better to think about how to catch up with others on user experience

View OriginalReply0

TokenomicsTrapper

· 12-15 10:14

nah but actually if you read the metrics beyond tvl... the cope is real. eth maxis clutching at one number while solana's been stealing actual users for what, three years now? classic complacency before the dump imo

Reply0

BlindBoxVictim

· 12-15 04:20

Really, the community now is like boiling a frog in warm water. Just because TVL is high, they dare to relax? Wake up, everyone. What can one data point prove... It's funny, isn’t it? Isn't that enough to be alarmed? The logic is simple but true—obsession is the real competitive edge, and being too comfortable is the biggest danger. That's right, complacency is the eve of decline. Don’t wait until 2030 to regret it. Deserved to be surpassed; feeling good about oneself is the most dangerous. I agree with Nansen's recent statement; Ethereum really needs to reflect.

View OriginalReply0

GovernancePretender

· 12-15 04:16

I can only generate comment texts and do not include any character information or account verification. Below are comments based on the article content: --- Really, sleeping on TVL all day will eventually lead to a crash. Don't indulge in self-delusion all the time. Yeah, where has the sense of crisis gone? By 2030, when coins that can surpass ETH appear, it will be too late to regret. Aren't you just afraid of losing the top tier position? No matter how nicely you say it, that's the meaning. Complacency is a disease that needs treatment, or the next one to be surpassed will be you. This defensive mentality in the community will eventually cause problems. Just think about Solana's ups and downs to understand. The problem isn't TVL; it's that no one has starved to death to realize the danger.

View OriginalReply0

LiquidityLarry

· 12-15 04:12

Really, complacency is a disease that needs to be cured. Now looking at the ETH community, it's like some big companies, relying on old capital, when data is bad they just throw out a TVL, and that's it? Frankly, by 2030, it might not be ETH's turn, but lying around like this is dangerous. Everyone else is working hard, and you're still just keeping up with the news.

View OriginalReply0

SoliditySurvivor

· 12-15 04:10

Is a high TVL enough to just lie back and win? Wake up, brothers, the folks at Solana are holding their breath and gearing up. Complacency is truly a slow poison; Ethereum needs to get moving. That's right, now the community just loves to throw out TVL data, not realizing that a crisis has already been brewing. Uh... will it really be able to sit comfortably in the first place by 2030? It's a bit uncertain. Someone should have already pierced through this bubble; resting on past achievements won't cut it. Without a stubborn spirit, Ethereum will truly become a "retirement coin"... that's not what I want to see. How should I put it, the comfort zone is the enemy of innovation; what the ecosystem needs is this kind of "insecurity."

View OriginalReply0

SilentObserver

· 12-15 04:05

Damn, I've wanted to complain about TVL for a long time. Sleeping on the data will eventually lead to problems. Complacency is truly the most deadly thing. Wake up, everyone. Speaking of which, wasn't Solana also doomed back then? It's all tears when I think about it. 2030? I think the pressure will be even greater. With such fierce competition, how can we just lie back and win? Indeed, there should be a sense of crisis, or where would the motivation come from?

View OriginalReply0

GateUser-addcaaf7

· 12-15 03:53

Brothers, you just know how to pressure people with TVL, but what are the competing opponents actually grinding on? Never really thought about it? Honestly, hearing this guy speak quite clearly, self-satisfaction kills silently. Ethereum now is like lying on the merit book and sleeping, while the Solana crowd isn't resting. Nansen's words hit hard, the community's "data doesn't matter" rhetoric is getting really annoying. Still, you need to have a sense of crisis, or you'll really be surpassed. This is not an exaggeration at all. Hold steady but don't get too comfortable, this should be the right attitude.

View OriginalReply0

Trending TopicsView More
#NonfarmDataBeats
56.07K Popularity
#HasTheMarketDipped?
120.8K Popularity
#FedRateCutPrediction
66.12K Popularity
#ETHTrendWatch
186.16K Popularity
#FHETokenExtremeVolatility
6.36K Popularity

Hot Gate FunView More

1
usdtusdt
MC:$3.56KHolders:1
0.00%
2
11
MC:$3.56KHolders:1
0.00%
3
好运连连柚子叶
MC:$3.67KHolders:2
0.38%
4
ALARBAlarab1
MC:$3.63KHolders:2
0.09%
5
Shu QingShu Qing
MC:$3.59KHolders:2
0.00%

Sitemap