Anti-L2 push could ‘break the social fabric' of Ethereum

Anti-L2 push could ‘break the social fabric' of Ethereum — Sandeep Nailwal

A portion of the Ethereum community is pressuring the Ethereum Foundation to make decisions that may “break the entire social fabric” of the smart contract network by restricting Ethereum's layer-2 (L2) networks, Polygon co-founder Sandeep Nailwal said.Speaking during a March 28 episode of Cointelegraph's Chain Reaction show on X, the Polygon founder said that he has only seen this type of pressure and anti-L2 rhetoric during the current market cycle amid suppressed price action for Ether ETH ETH - $1802.010 “Everybody understands that if Ethereum doesn't survive, the layer-2s won't survive,” Nailwal said, adding: "The Ethereum community should not pressure the developers enough — I should not be able to pressure the developers enough — for price movements and all that, they may end up making a decision that completely breaks the social fabric of Ethereum.

Source: cointelegraph.com

Related symbols: ETHUSD

2025-03-28 18:17:04 GMT.

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Price & Market Data

Price: $1802.010

Volume 24h: $16,841,042,937.31

Market Cap: $217,443,053,397.79

Description

Ethereum (ETH) is a cryptocurrency . Ethereum has a current supply of 120,666,956.09991417. The last known price of Ethereum is 1,777.63995604 USD and is up 0.95 over the last 24 hours. It is currently trading on 10097 active market(s) with $16,125,383,020.90 traded over the last 24 hours. More information can be found at https://www.ethereum.org/.