Amid Ethereum’s continued price stagnation in the broader cryptocurrency market, the second-largest digital asset by market capitalization has other worries. Notably, Ethereum (ETH) is facing pressure from Solana (SOL) in the decentralized finance (DeFi) space. Solana’s Fast L1 Gains vs. Ethereum L2 Commitment Hayden Adams, founder of Uniswap, believes that for Ethereum to stand a chance against Solana, the blockchain needs to focus on Layer-2 scaling. In an update shared on X, Adams maintains that Ethereum’s best chance in the DeFi space is to continue its Layer-2 scaling development. Solana has a better roadmap, team, and and approach if the plan is to do defi on L1 /vertical scaling Ethereum has been working towards L2 centric / horizontal scaling roadmap for 5+ years You want to throw this away at the final stretch because of what reason? — Hayden Adams 🦄 (@haydenzadams) April 19, 2025 For perspective, Ethereum and Solana have adopted different approaches to scaling. Ethereum is focused on Layer-2 scaling or horizontal scaling. That is, it allows separate networks like Optimism and Arbitrum to handle transactions and reflect the data on Ethereum. Conversely, Solana operates vertical or Layer-1 scaling, and everything happens fast on a high-performance chain. Adams acknowledges Solana’s strengths but believes Ethereum needs to complete its L2-focused roadmap. Layer-2 Maturity Could Be Ethereum’s Turning Point Notably, Ethereum pivoted to L2 in 2020 after assessing the challenges of L1. However, after five years on this route, the community calls for reconsidering its approach. Some insist that L2 solutions are pulling value away from the Ethereum mainnet. However, the Uniswap founder is defending the Ethereum path, noting that this approach is nearing completion. “You want to throw this away at the final stretch because of what reason?” he asked. Adams urges the community to remain confident and patient with Ethereum’s long-term plan. He suggests that the blockchain’s L2 scaling strategy is about to mature fully. Community Frustration Mounts Amid ETH Price Slump Meanwhile, as the scaling direction debate continues, ETH faces one of its worst quarterly performances in 10 years. ETH has not been able to shake off its downward plunges for some time. In fact, since March 27, 2025, the coin has not been able to breach the $2,000 resistance level. According to CoinMarketCap data, ETH has been trading down by 1.60% to $1,573.06 in the last 24 hours. Although the community remains bullish with an 11.05% uptick in trading volume to $7.6 billion, many desire an upward price trajectory. The post Uniswap Founder Shares Big Take on Ethereum and Solana Rivalry appeared first on TheCoinrise.com .
