ethereum has no competitors
it’s the biggest, most decentralized settlement layer.
solana is just an execution layer
competing with both L1s and L2s.
to replace ethereum, you’d need solana AND multiple other L1s to scale
requiring trusted bridges for interoperability
which is a security and ux nightmare.
L2s on ethereum will be natively interoperable, removing bridges
have shared liquidity, enabling tokens to be tradable everywhere
& provide a seamless ux, making them feel like one