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The Archive01 documents on file“Most Ethereum Layer 2s Have No Reason To Exist, And That's Finally Getting Obvious”The Archive01 documents on file“Most Ethereum Layer 2s Have No Reason To Exist, And That's Finally Getting Obvious”

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Most Ethereum Layer 2s Have No Reason To Exist, And That's Finally Getting Obvious

Zero Network is shutting down. When I read that, I didn't feel surprise. I felt the slow nod you give when a thing you predicted out loud finally happens. Because the truth a lot of people in this space avoided saying for two years is simple: we built way too many Layer 2s, and most of them were never going to matter.

Rajneesh Sachdeva4 min read / 13.06.2026
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