PANews reported on June 7 that Nick Tomaino, founder of 1confirmation, posted on the X platform that Ethereum is the "birthplace" of stablecoins, risk-weighted assets, DeFi, NFTs, decentralized social and prediction markets, but no one in the market seems to care about what Ethereum has done, and the Ethereum community sometimes lacks a competitive spirit.

However, with Ethereum’s on-chain activity at an all-time high, Circle’s listing pushing stablecoins into the mainstream, and X’s partnership with Polymarket, Ethereum is gradually finding a balance between creativity and competitive spirit.