Part 6/11:
The conversation shifted to Ethereum, which is currently experiencing lower average gas fees—leading to discussions about its scalability and the implications for decentralized finance applications. Pal suggested that Ethereum may have overbuilt its block space relative to current demand, resulting in lower gas prices.
However, he remains optimistic about Ethereum's long-term value as the global financial system starts adopting blockchain solutions. Acknowledging its scaling capabilities, Pal expressed confidence in Ethereum's ability to attract a significant user base and maintain network activity as it leverages layer twos for enhanced performance.