The founder of 1confirmation, Nick Tomaino, stated in a post that Ethereum is the "birthplace" of stablecoins, risk-weighted assets, DeFi, NFTs, decentralized social networks, and prediction markets, but the community sometimes lacks a competitive spirit.

However, with Ethereum's on-chain activity at a historic high, Circle's listing driving stablecoins into mainstream, and X's partnership with Polymarket, Ethereum is gradually finding a balance between creativity and competitive spirit.