Castle Island Ventures partner: L2 is too greedy, leading to Ethereum's sluggish performance

 ETH/BTC exchange rate has reached its lowest level in nearly five years, with some investors even calling ETH a "completely dead" investment. Castle Island Ventures partner Nic Carter believes that "ETH died in its own hands" because L2 is too greedy, leading to a decline in Ethereum transaction activity, user growth, and fees/revenue. Ethereum can be seen as a practical network, but "absolutely not" as an investment.