On June 13th, Jupiter founder Meow said in a social media post that the core problem facing Ethereum at the moment is that a lot of capital and incentives are tilted towards creating solutions like L2/3/4, while there are few incentives for creating large-scale utility and value on any given core network. This means that despite the strong desire of all to the contrary, the fragmentation of the Ethereum community and capital will continue unabated for the foreseeable future.