Key InsightsMost alt-L1s are effectively Ethereum testnets. Ethereum’s flexible and adaptable community ethos allows it to adopt innovations from other networks.Solana is building an ultra-high throughput network. Solana achieves this not just by adapting its VM but by increasing node requirements.This design choice is incompatible with the Ethereum ethos, meaning Ethereum may defer new sectors/narratives to Solana, as Bitcoin did to Ethereum with programmability in general.To avoid being glo...