Andre Cronje: L2 is the reason for Ethereum's inflation again

Odaily Planet Daily News Sonic Labs founder Andre Cronje recently criticized the handling of profits by the L2 solution of ETH and the potential inconsistency with the decentralized principles of ETH in a post on X, 'I don't understand how ETH users convince themselves. L2 is the reason for the re-inflation of ETH.' The focus of the debate is the two competing visions for Ethereum's scalability. Critics argue that L2 has generated significant revenue but only returned a small portion of data availability and security to Ethereum. Decentralized scaling supporters, including Cronje, advocate for directly using solutions like Sonic to enhance the Ethereum base layer in order to reduce reliance on external L2 providers. CryptoQuant research director Julio Moreno pointed out that the supply of Ethereum has now exceeded pre-merge levels (September 2022), confirming that the network has resumed inflation. To address the efficiency issues of Ethereum's L2 solutions, Cronje proposed using Sonic's technology to bypass the limitations of the centralized model. Earlier, members of the Sonic Labs team publicly questioned the revenue flow of the Base Sorter, implying that the Base team was dumping ETH, to which members of the Base team responded with a rebuttal.