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How will Ethereum's Layer 2 solutions compete with Solana?

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How do Arbitrum, Optimism, and zkSync compete with Solana? First, the focus should not be on replicating Ethereum L1 Defi, which is important but ultimately not the solution to breaking through.

Original Title: "A Simple Idea About the Competition Between L2 and Solana"

Original Author: Blue Fox Notes

Editor's Note: Recently, the Solana ecosystem has been heating up, with meme coins, inscriptions, and NFTs all in play. Some have even called it the "Ethereum killer" making a comeback. In response, KOL in the crypto field, Blue Fox Notes, shared his thoughts on X, stating that the competition with Solana and Avax is with L2s such as Arbitrum, Optimism, and ZkSync, rather than Ethereum. He then provided a solution for L2s to compete with Solana. BlockBeats has compiled the full text below:

The biggest problem with L2 solutions such as Arbitrum, Optimism, and zkSync is that they have relied too heavily on the path set by Ethereum L1's DeFi ecosystem. However, L2 has its own unique characteristics and should pave the way for applications with higher performance demands. The market's greatest demand for L2 is not a shadow of Ethereum L2, but a completely new L2 path.

These routes are high-frequency applications, just like Solana's efforts on Depin. Repeating previous routes lacks explosiveness, and Solana's ecosystem has a good grasp of this. Of course, this is also related to the common investment institutions of Helium and Solana, which everyone can investigate on their own. But ultimately, new attempts bring new narratives, and new narratives ignite the market.

Next, how will Arbitrum, Optimism, and zkSync compete with Solana? First, don't focus on copying Ethereum's L1 Defi. While important, it is not the ultimate solution.

The most important thing is to open up new narratives. Focus on breakthroughs in Web3 games, AI, and Depin. We also hope that developers will not create old wheels and work hard to open up new battlefields. If all else fails, developing Depin vigorously is also a path.

In addition, Arbitrum, Optimism, and zkSync also need to tilt their most valuable economic support (tokens) towards new track projects and developers. The L2 ecosystem has a latecomer advantage in token economics and can design better ecological incentive plans than previous public chains. @Arbitrum @Optimism @zkSync

The breakthrough of Solana is a good demonstration for Arbitrum, Optimism, and zkSync, and it is about learning rather than looking down upon.

If Arbitrum, Optimism, and zkSync can have several popular applications in Web3 games, AI, or Depin or other fields after Cancun's upgrade in the first half of next year, there may be a chance for new changes to occur.

Arbitrum, Optimism, and zkSync, among other L2 solutions, will truly compete with Solana in the second half of next year. It is still uncertain who will emerge victorious in the next two years due to the long cycle of development.

The Ethereum ecosystem should also thank the innovative breakthroughs on BTC and Solana. Without this kind of "shark effect", the Ethereum network would be too comfortable. The stimulation from the BTC and Solana ecosystems is enough to attract the attention of the Ethereum community. The most important thing is not to look down upon or be hostile, but to learn from the breakthroughs of other ecosystems. Only in this way can we continue to move forward. Ethereum has experienced multiple FUDs in history, and we believe in the resilience of Ethereum ecosystem developers and communities.

(The above is just my personal opinion and should not be taken as investment advice.)