Arthur Hayes: Almost all other L1s will go to zero except Ethereum and Solana On November 29, BitMEX co-founder Arthur Hayes pointed out on Altcoin Daily's show that almost all other L1s will go to zero, except for Ethereum and Solana. He believes major banks will adopt Ethereum as the public blockchain for cryptocurrency and Web3 businesses, which will become the main driving force pushing Ethereum's price toward its next peak. He acknowledged Solana's strong performance in the Meme coin space but stated that as the second-largest L1, it needs to find new growth narratives, and it will be difficult for its price performance to surpass Ethereum. Source: Altcoin Daily