#EthereumLayer2Rethink? reflects a shift in how markets are evaluating Layer-2 ecosystems as scaling matures. Instead of pure hype, capital is now questioning sustainability of token models, fee revenue, and long-term value capture between ETH and L2 cha

#EthereumLayer2Rethink?  reflects a shift in how markets are evaluating Layer-2 ecosystems as scaling matures. Instead of pure hype, capital is now questioning sustainability of token models, fee revenue, and long-term value capture between ETH and L2 chains. As fees drop and competition rises, liquidity is fragmenting across networks, weakening speculative momentum. This isn’t bearish for ETH, but signals structural repositioning. Traders should watch bridge flows, TVL shifts, and real usage metrics, as capital may rotate toward L2s with strong adoption while weaker ones lose relevance.