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As Solana's reputation continues to grow in the decentralized finance (DeFi) sector, more and more industry participants are discussing Ethereum’s future role in the space.
One of the active voices in this discussion is Hayden Adams, the founder of Uniswap, who recently shared his thoughts on Ethereum’s scaling strategy, according to CoinGape.
Adams believes that Ethereum’s best chance of maintaining a strong position in DeFi lies in the continued development of Layer 2 (L2) scaling solutions. While Solana is advancing with a high-performance Layer 1 approach, Adams still sees L2 as the most effective path forward for Ethereum. In his view, Layer 2 offers the best balance between transaction speed and cost without compromising decentralization.
Although Ethereum has followed an L2-centric roadmap since 2020, Adams expressed concern over calls from within the community to revert to a Layer 1-first approach. He warns that a sudden shift in direction could undermine the progress made in recent years and emphasizes the importance of a consistent and unified strategy.
While Adams strongly supports horizontal scaling, he acknowledges that a return to a Layer 1 model is technically feasible. However, in his opinion, such a shift would require abandoning fundamental principles like the idea that “any laptop should be able to run a full node.” This would raise the barrier to entry and increase centralization risks — issues that Adams takes very seriously.
Interestingly, despite advocating for Layer 2, Adams noted that Uniswap still conducts most of its operations on Ethereum’s Layer 1, highlighting the flexibility and relevance of both scaling paths depending on network architecture and use cases.
Market conditions and community reactions
These discussions are unfolding as Ethereum faces its worst quarterly performance in the past decade. ETH has struggled to stay above the $2,000 level and is currently aiming for a breakout toward $1,600.
Amid these market challenges, Tron founder Justin Sun stated he has no intention of selling his ETH holdings despite the decline in price.
He pledged to continue supporting Ethereum developers to help sustain the ecosystem during this pivotal phase.
Previously reported: Uniswap, Coinbase, and NYSE are expected to join an upcoming SEC roundtable discussion.