Ethereum's growth narrative is shifting from "scaling" to the spillover and integration of the "application layer." Its development has moved from the infrastructure phase into a period of application explosion and ecosystem reshaping, with a trillion-dollar "second curve" now taking form. Switching Growth Engines: As Layer-2 (L2) scaling solutions mature, Ethereum has largely addressed its performance issues. However, it now faces competition from public chains like Solana and the entry of t...