{"id":21864,"date":"2025-03-09T15:46:26","date_gmt":"2025-03-09T13:46:26","guid":{"rendered":"https:\/\/forklog.com\/en\/andre-cronje-favors-solana-tron-and-xrp-over-ethereum-for-investment\/"},"modified":"2025-03-09T15:46:26","modified_gmt":"2025-03-09T13:46:26","slug":"andre-cronje-favors-solana-tron-and-xrp-over-ethereum-for-investment","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/andre-cronje-favors-solana-tron-and-xrp-over-ethereum-for-investment\/","title":{"rendered":"Andre Cronje Favors Solana, Tron, and XRP Over Ethereum for Investment"},"content":{"rendered":"<p>Fragmented liquidity across L2 networks, a &#8220;neutral&#8221; stance towards flagship projects, and an ineffective scaling approach are among the key issues plaguing the Ethereum ecosystem, according to Sonic Labs co-founder Andre Cronje.<\/p>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\">\n<p lang=\"en\" dir=\"ltr\">\u2014 L2s ruining UX with fragmented liquidity and seperation<br \/>\u2014 &#8220;L2s&#8221; farming ETH with centralized sequencers dumping hundreds of millions of ETH<br \/>\u2014 USDe with literal billions of dollars of constant short pressure<br \/>\u2014 Competitor chains offering better ux and ui with better speed and\u2026<\/p>\n<p>\u2014 Andre Cronje (@AndreCronjeTech) <a href=\"https:\/\/twitter.com\/AndreCronjeTech\/status\/1898349417746387251?ref_src=twsrc%5Etfw\">March 8, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The entrepreneur outlined reasons for Ethereum&#8217;s &#8220;lack of success&#8221; compared to competing ecosystems:<\/p>\n<ul class=\"wp-block-list\">\n<li>fragmented liquidity and separation of L2 networks;<\/li>\n<li>farming ETH through centralized sequencers and &#8220;dumping hundreds of millions of coins&#8221;;<\/li>\n<li>the stablecoin USDe with &#8220;billions of dollars of constant short pressure&#8221;;<\/li>\n<li>competitors&#8217; superiority in terms of interface, user experience, and speed;<\/li>\n<li>&#8220;attempts to maintain neutrality&#8221; instead of supporting its top applications;<\/li>\n<li>Ethereum&#8217;s scaling roadmap\u2014&#8221;doing nothing while waiting for L2 to fix everything&#8221;;<\/li>\n<li>lack of representation\u2014the ecosystem&#8217;s main defenders are podcasters, not engineers.<\/li>\n<\/ul>\n<p>Cronje noted that he does not know of teams wanting to deploy a product on Ethereum\u2014&#8221;almost always it&#8217;s Solana, Avalanche, Base, or Sonic.&#8221;<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;I don&#8217;t invest, but if I did, I would choose Solana, Tron, and even XRP over ETH,&#8221; stated the Sonic Labs co-founder.<\/p>\n<\/blockquote>\n<p>Back in March, the Ethereum Foundation <a href=\"https:\/\/u1f987.com\/en\/news\/leadership-changes-announced-at-ethereum-foundation\">announced<\/a> changes in its leadership.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fragmented liquidity across L2 networks, a &#8220;neutral&#8221; stance towards flagship projects, and an ineffective scaling approach are among the key issues plaguing the Ethereum ecosystem, according to Sonic Labs co-founder Andre Cronje. \u2014 L2s ruining UX with fragmented liquidity and seperation\u2014 &#8220;L2s&#8221; farming ETH with centralized sequencers dumping hundreds of millions of ETH\u2014 USDe with [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":21863,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[46,1179],"class_list":["post-21864","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-ethereum","tag-layer-2-solutions"],"aioseo_notices":[],"amp_enabled":true,"views":"27","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/21864","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=21864"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/21864\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/21863"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=21864"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=21864"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=21864"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}