List of Flash News about L2 cannibalization
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2025-08-09 20:30 |
Ethereum (ETH) Rally Triggers Narrative Flip vs Solana (SOL): Price Leads Narrative — Trading Takeaways
According to @milesdeutscher, ETH’s recent price strength has flipped market narratives from critiques of the Ethereum Foundation’s strategy, L2 cannibalization, and a Solana (SOL) takeover to renewed claims that Ethereum is the future of tech, which he cites as evidence that price leads narrative. Source: @milesdeutscher on X, August 9, 2025. For traders, his point frames narrative shifts as lagging reactions to price in ETH markets and relative positioning versus SOL and L2 ecosystems. Source: @milesdeutscher on X, August 9, 2025. |