<ul><li>Ethereum's stablecoin supply reached $130 billion and tokenized treasuries surpassed $1.8 billion in assets.</li><li>Activity on Ethereum has declined compared to previous years, and ether's performance weakened in Q1.</li><li>The disconnect between Ethereum's network and ETH's market value is influenced by scaling via Layer 2 solutions and the absence of significant value accrual to ETH through network fees.</li><li>Ethereum plans to scale its Layer 1, increase gas limits, and focus on high-value sectors like stablecoins and tokenization for long-term value growth.</li></ul>

Ethereum’s Disconnect: Layer 2s Thrive While ETH Struggles to Keep Pace

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