Taraxa’s Steven Pu Says Ethereum Is “Digging Its Own Grave” With L2 Strategy - Stock Watch Index

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Taraxa’s Steven Pu Says Ethereum Is “Digging Its Own Grave” With L2 Strategy - Stock Watch Index

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Taraxa’s Steven Pu Says Ethereum Is “Digging Its Own Grave” With L2 Strategy

August 17, 2025

Taraxa co-founder Pu warns Ethereum’s support for Layer-2 networks is eroding trust, draining liquidity, and undermining its own future.

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