X @Wu Blockchain

According to Foresight News, Vitalik Buterin said in Chiang Mai that despite strong progress in Ethereum’s scaling and infrastructure, the application layer has fallen behind its original goals. He argued that early ambitions around DAOs and decentralized coordination are being replaced by speculation, citing the 2025 memecoin boom and Donald Trump’s launch of multiple tokens, which he said undermined the economic credibility of the original TRUMP token. https://t.co/ql6vbfhypN ...