Sassal.eth, co-founder of EthHub, posted on X platform stating: "Although it's already an old story, Ethereum L1 used to be a 'low fee chain', and people used to laugh at Bitcoin for being an expensive chain. Then ICO and CryptoKitties appeared, causing Ethereum fees to rise, and it took several days for the memory pool to clear because we didn't have EIP-1559 at that time.

Later, during the bear market period of 2018/2019, fees dropped a bit, but most Ethereum users knew it was temporary, so they continued to focus on scaling (through Plasma, which later evolved into rollups). Then came the DeFi season, and fees skyrocketed so much that compared to ICO and CryptoKitties, they paled in comparison.

The point of this post is to illustrate that once demand for a chain saturates, priority fees will appear, and then it will become a bidding war for block space. Do you know who will win? MEV bots, because they are willing to pay the highest fees to gain some expected value through arbitrage, sandwich attacks, liquidations, mint sniping, etc.

All of this could happen on any Layer 1, Layer 2, sidechain, monolithic chain, modular chain - whatever you want to call it - as an industry, we should solve these problems as a whole collective, rather than as a group of splintered tribes."