According to @alice_und_bob, the market should not assume the world revolves around Ethereum and builders can choose to launch their own Layer 1 instead of building on ETH, meaning not every announcement is bullish for Ethereum or any single project; traders should not automatically price ETH upside on third-party decisions. Source: @alice_und_bob on Twitter, Aug 12, 2025: https://twitter.com/alice_und_bob/status/1955412878158336236 According to @alice_und_bob, the explicit message is that not every customer choice will favor your project and that teams may opt for a standalone L1, which shifts potential catalysts to the chosen chain rather than ETH. Source: @alice_und_bob on Twitter, Aug 12, 2025: https://twitter.com/alice_und_bob/status/1955412878158336236 According to @alice_und_bob, a trading takeaway is to evaluate chain-selection announcements case by case, attributing expected impact to the specific Layer 1 actually selected instead of defaulting to ETH beta, particularly when headlines reference building an L1 rather than deploying on Ethereum. Source: @alice_und_bob on Twitter, Aug 12, 2025: https://twitter.com/alice_und_bob/status/1955412878158336236

According to @alice_und_bob, several FinTech leaders spent months researching multiple blockchain tech stacks and reached conclusions that do not accept Ethereum as the sole center or an L2 only thesis, directly challenging the claim we dont need more L1s (source: @alice_und_bob, post dated Aug 12, 2025). For traders, this public pushback is a narrative datapoint relevant to positioning between ETH, L2 ecosystem tokens, and alternative L1 exposure, reflecting ongoing divergence in institutional views on stack selection (source: @alice_und_bob). The post specifies no chains and provides no price, volume, or deployment metrics, so it should be treated as sentiment evidence rather than a direct catalyst (source: @alice_und_bob).