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DeFi vs. AI: Ethereum Co-Founder Predicts DeFi’s Triumph with Affordable L2s

Ethereum co-founder Vitalik Buterin believes that decentralized finance (DeFi) will continue to thrive if transaction fees decrease. He suggests that affordable Layer 2 solutions are key to widespread DeFi adoption, attracting more capital and traditional financial institutions. The conversation was sparked by Zeng Jiajun, who pointed out that the crypto market is still in its early stages, with Bitcoin dominating over 50% of the market. Jiajun noted that significant milestones in the blockchain industry have occurred in the past few years, indicating potential for the adoption of other digital assets. Buterin responded, stating that affordable L2 solutions could lead to increased investment in these networks as the market matures.

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