Joseph Lubin: Ethereum L1 revenue and fees should stay low to drive growth

Odaily Planet Daily report: Ethereum co-founder Joseph Lubin posted on X saying that Ethereum L1 revenue and fees should stay low to promote growth. In the next 2 to 3 years, tens of thousands of companies will carry out business on Ethereum L1, L2, and private-permissioned EVM networks such as the Besu chain. The currency premium will increase significantly, fee revenue earned by L1 from activity will rise markedly, and staking and other behavior that locks up ETH will reduce the circulating supply; under the ultrasonic money conditions, ETH’s net burn will further enhance ETH’s value.
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