The Ethereum Layer 1 blockchain has accumulated over $1.67 billion in gas fees from DeFi, accounting for over 30% of all DeFi fees. Other chains like Base, ZKsync Era, and Arbitrum One have also accumulated significant DeFi fees. However, Ethereum still leads in weekly DeFi fees but is lower than its peak in May 2023. Ethereum's CeFi transaction fees are lower than DeFi fees. Vitalik Buterin has proposed scaling Ethereum Layer 1 to support more users and lower gas fees, while also addressing concerns about potential censorship on Layer 2s. Buterin's proposal includes force-inclusion mechanisms and increasing the gas limits. This proposal comes as Ethereum's Layer 2 struggles with decreasing gas fees and users. Alliance DAO's Qiao Wang has expressed skepticism about Ethereum's Layer 2 capabilities and suggests developers build on Solana instead. Despite Ethereum's strong ecosystem, scalability remains an issue.



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