Here is what I said before:

If ETH does not have an L2 strategy:

Then Sony (even if it's a non-core department of Sony) will definitely launch its own blockchain, and everyone will worship it like Libra (and later Aptos and SUI), and definitely will not join the ETH ecosystem.

L2 provides a dignified entry posture for new institutions:

1. No need to brainstorm a bunch of new mechanisms on their own;
2. No need to worry about the security of their own toy chain;
3. No need to invest capital to reinvent the wheel;
4. No need to worry about the high price of ETH;
5. But still can issue their own tokens!

Because reasons 1, 2, 3, and 4 are just additional benefits

5 is the core purpose.

Now L2 has given everyone a dignified and low-cost opportunity.

So that's why I said L2 is a successful strategy.

This is a positive strategy.

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