Recently, the cryptocurrency market has been booming. I remember seeing a debate on Twi a while ago that ETH is not like BTC, which is limited and cannot be bought completely. Some people also argued that after ETH became active on the chain, 1559 directly burned you to deflation, which is even more impressive than BTC's limited amount But in fact, sometimes different pricing methods can give people a very different feeling I remember when small pictures became popular, many people looked at small pictures worth thirty to fifty ETH and thought they weren't expensive to buy. But if this thing were changed to a pricing method of ten to two hundred thousand US dollars each, and you had to transfer money from your credit card or bank account, I estimate that the sales of small pictures could plummet by more than 90% The feeling of 'never being able to buy all' ETH is the same now. If you calculate according to the inflation rate, Solana is currently approaching 5% per year, and BTC will be 0.84% before the next halving. ETH is actually the lowest among these three, probably around 0.7-0.8% in the past one or two years (depending on the dynamic changes in staking rate and 1559 burning speed). I really feel that it is not high But if you look http://Ultrasound.Money That data shows that nearly 20000 ETH are newly issued every week, and there is indeed a feeling of "not being able to buy them all, not being able to buy them all at all" So the key is to look at the future stablecoin+RWA scenario, whether it can support enough transactions on ETH L1 to burn five digit ETH per week. It seems unlikely to rely on L2's Blob fees in the short to medium term (I remember @ rickawsb once calculated that counting on L2 would require hundreds of millions of transactions per day) At present, L1 trades over one million yuan per day, but the Gas is very low at only 0.2Gwei. It adds 18000 ETH per week and burns over 1000 yuan. When can transactions on L1 remain stable at tens of millions or billions per day on L2? In terms of the "limited" asset attribute alone, ETH can compete with BTC, and even BTC!