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Uniswap CEO Backs Solana’s L1 DeFi Strategy Over Ethereum’s Modular Future TokenPost 3 weeks ago

Uniswap CEO Backs Solana’s L1 DeFi Strategy Over Ethereum’s Modular Future 🤝

Uniswap Labs CEO Hayden Adams has expressed strong support for Solana's decentralized finance (DeFi) approach, which he believes surpasses Ethereum's current direction. According to Adams, Solana offers a better road map and team for developing DeFi directly on its monolithic Layer 1 blockchain, while Ethereum has shifted towards a modular architecture.

Over the past few years, Ethereum has embraced a rollup-centric model, moving much of its DeFi activity to Layer-2 (L2) solutions. Though this is intended to improve scalability, critics such as Adams argue it causes fragmentation and weakens Layer 1's integrity.

Source: www.tokenpost.com ↗