The CEO of Polygon Labs, Marc Boiron, expressed concerns about the intense competition between Ethereum layer-2 networks, stating it as the main issue impacting the second-largest digital asset in terms of market capitalization.

Boiron highlighted on social media how this rivalry is causing Ethereum to keep competing internally instead of expanding outside the ecosystem. He mentioned how this approach might not be favorable according to basic economic principles. He urged for this issue to be addressed for the betterment of the ecosystem.

Many in the crypto community, including Karthik Senthil from Lattice, shared a similar view that layer-2 networks need to focus on attracting users outside the Ethereum ecosystem rather than fighting for the same developers and market share. There was a call to promote each other's success in the long run.

Despite the concerns raised, some community members argued that the competition among layer-2 networks could actually improve Ethereum's ecosystem in the long term.

Layer-2 networks have gained popularity for their ability to enhance Ethereum's scalability. Data from L2Beat showed that these networks are capable of processing 123 transactions per second collectively, surpassing Ethereum's mainchain significantly.

The high transaction rates on networks like Coinbase's Base network and Arbitrum indicate the potential for growth in this sector. Additionally, the number of active wallets and total assets locked in layer-2 networks have been increasing steadily, providing a positive outlook for the future.