With the recent drop in mainnet gas fees, anyone claiming Ethereum is the next Solana is either ignorant or malicious. Although the Fusaka upgrade + BPO1/2 hard fork significantly increased Ethereum's block capacity, the theoretical TPS of Ethereum L1 still falls far short of meeting the demands of high-frequency trading. Once on-chain activity reaches the theoretical limit and block utilization approaches or hits 100%, network congestion will occur. Users will bid higher to speed up transactions (EIP-1559 mechanism), causing gas fees to skyrocket, which will further exacerbate congestion. Ethereum's @ethereum goal has never been to become @solana, but to enable countless L2s to become Solana.