ARK Invest Research Director Criticizes Solana and Ethereum Proposals for Overlooking Competitiveness

ChainCatcher report: Lorenzo posted that the latest improvement proposals for Solana and Ethereum are surprising. The market has already shown that platforms like Hyperliquid are posing strong competition, yet relevant communities are still spending time adjusting inflation schedules and CU limits, which may further erode application competitiveness. He believes L1s should prioritize how proposals can enhance network competitiveness, drive growth, and attract more consumer-grade applications and users. Lorenzo pointed out that for Solana, now is not the time to focus on token holder value accumulation and cash flow, or to increase costs for application developers. First, prove that you can make the pie 100 times bigger, then discuss how to divide it. While it will eventually be necessary to more precisely price high-resource transactions and address token value accumulation, if HYPE captures market share, there will be no value left to accumulate. The immediate priority should be making the pie 100 times bigger.