Opinion
16 stories
OpinionMar 22
The Layer 2 Market Is Getting Too Thin, and the Consequences Will Be Ugly
There are now 84 live Ethereum L2s. Most of them have less than $20M in TVL. The fragmentation is producing a security, liquidity, and user experience mess that no one is seriously addressing.

OpinionMar 20
Lightning Finally Matters, and Nobody Is Paying Attention
Routed payment volume on the Lightning Network crossed $2B in March for the first time. The network is quietly achieving, in 2026, the use case the skeptics said was impossible in 2018.

OpinionMar 18
The Solana Maximalist Cope Is Getting Harder to Sustain
Firedancer is finally live. The fee economics are still broken. The 'ETH killer' framing was always a cope, and the newer framings are starting to look the same.

OpinionMar 15
Crypto's Boring Maturation Is the Best Thing That's Happened to the Industry in Years
The memes are less funny. The dunks are less satisfying. The revenues are more real. The regulatory posture is more defensible. Boring is winning, and it should.