Even as Solana gains ground in the crypto world, industry experts aren’t dismissing Ethereum’s potential in the competitive decentralized finance (DeFi) landscape. In fact, Uniswap’s founder, Hayden Adams, believes Ethereum should double down on Layer 2 scaling solutions to effectively compete with Solana.

Uniswap Founder Wants Ethereum To Continue Horizontal Scaling

The call for Ethereum to prioritize Layer 2 scaling is getting louder, and Uniswap’s very own founder, Hayden Adams, is adding his voice to the conversation. Adams recently shared his stance in a post on X (formerly Twitter), clearly advocating for Ethereum to keep pushing forward with its Layer 2 scaling development.

Adams emphasizes that Layer 2 solutions are crucial for Ethereum to remain a strong player in the DeFi space, especially with the increasing competition from Solana. He argues that Solana’s architecture and future plans make it inherently better equipped for DeFi on its main layer (Layer 1), especially when compared to Ethereum’s approach.

Ethereum, recognizing the inherent challenges of its Layer 1, strategically shifted towards a Layer 2-focused roadmap back in 2020. However, this extensive focus on Layer 2 scaling solutions has meant that the base layer hasn’t seen significant updates recently. This has sparked discussions about whether it’s time for a change in direction.

Despite the growing calls to refocus on Layer 1 development, the Uniswap founder is firmly in favor of Ethereum sticking to its current roadmap. He even took a jab at community members who seem to change their strategic preferences every month, urging for more consistency: “pick a lane” and stick with it to manage the risks effectively.

“Ethereum has dedicated over 5 years to building an L2-centric/horizontal scaling roadmap,” Adams pointed out. “Why would you consider abandoning this path at the last minute, and for what reasons?”

The rivalry between Ethereum and Solana is heating up, and a Coingape analysis even explores whether the price of ETH will reach $3,000 before SOL hits the $200 mark.

A Layer 1-centric Approach Is Still Acceptable

The Uniswap founder clarified in his post that he’s not entirely against the idea of shifting to a Layer 1-centric approach. However, he stresses that such a pivot needs to be clearly defined and realistic, suggesting some significant network adjustments would be necessary.

“I’m okay with an L1-centric scaling strategy, but only if it’s explicitly stated and approached practically,” Adams explained. “We’d have to let go of some deeply held ideals, like the notion that anyone should be able to run a node on a basic laptop.”

He further mentions that Uniswap’s largest user base is currently on Layer 1, so a shift in focus could still benefit his project. However, he acknowledges that prioritizing Layer 1 scaling could heighten centralization risks, potentially making it harder for individuals to operate full nodes.

Amidst these intense debates about scaling strategies, Ethereum is experiencing its worst quarterly price performance in almost a decade. ETH is aiming for a breakout at $1600, struggling to climb back above the $2,000 mark after recently falling below this key psychological level.

Meanwhile, Tron founder Justin Sun has publicly stated that he is holding onto his ETH investments despite the price downturn, pledging to work alongside Ethereum developers to foster growth within the ecosystem.

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Aliyu Pokima

Aliyu Pokima is a seasoned cryptocurrency and emerging technologies journalist with a knack for covering the stories that truly shape the industry. Aliyu delivers breaking news, regulatory updates, and insightful analysis with both depth and accuracy. When he’s not immersed in charts or pursuing leads, Aliyu enjoys playing bass guitar, weightlifting, and running marathons.

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