- Ethereum future is under scrutiny after Cardano founder Charles Hoskinson warned it might not survive the next 10 to 15 years due to its growing reliance on Layer 2 solutions.
- While critics fired back, Ethereum responded with the Euclid upgrade, aiming to cut gas fees and boost performance.
Ethereum may not survive the next 10 to 15 years, according to a startling prediction made by Cardano founder and former ETH co-creator Charles Hoskinson in a recent interview with Altcoin Daily. His bold claim has ignited a firestorm of debate within the crypto community, as it targets the second-largest blockchain platform at its core.
According to Hoskinson, ETH growing dependence on Layer 2 (L2) solutions like Arbitrum, Optimism, and Scroll is weakening the network’s foundation rather than strengthening it. “Ethereum is becoming a victim of its own success,” he warned, drawing eerie comparisons to once-dominant tech giants like Myspace and Blackberry—pioneers that failed to evolve.
Crypto Twitter Explodes Over Hoskinson’s Comments
As expected, the internet lit up. Some critics accused Hoskinson of throwing stones from a glass house. “The guy who copied Ethereum and made it worse is now predicting its death?” one X user jabbed.
But others sided with his perspective. Many in the community have long been frustrated by Ethereum’s high gas fees, network congestion, and slow progress in streamlining its architecture. Even among skeptics, Hoskinson’s warning wasn’t dismissed entirely—it struck a nerve.
Ethereum Answer: The Euclid Upgrade
In response, Ethereum developers aren’t sitting idle. Scroll, one of Ethereum’s major L2 platforms, recently launched its Euclid upgrade—touting up to 90% lower gas fees and significantly improved performance. It’s a crucial move as ETH attempts to stay competitive against agile platforms like Solana and Cardano.
Despite the technical leap, Ethereum still faces a mountain to climb. Its price remains roughly 360% below its all-time high, and momentum seems split between hope for innovation and fears of stagnation.
Will Ethereum Thrive or Fade Like Myspace?
Hoskinson’s comments, while controversial, bring one thing into sharp focus: ETH must evolve—and fast. With competition rising and user frustration growing, its long-term survival depends on its ability to simplify, scale, and satisfy.
Will Ethereum rewrite its future—or become another chapter in the history of failed tech giants? The next decade will tell.
