TechFlow news, Three Arrows Capital founder Su Zhu stated on Twitter that he has abandoned Ethereum, despite having supported it in the past. He noted that newcomers can no longer afford to participate in Ethereum, and commented, "Ethereum culture is largely affected by the founder's dilemma—everyone has become so wealthy that they’ve forgotten what they originally set out to do. Perhaps a bear market is needed to remind them. Perhaps we must build elsewhere. There’s nothing new under the sun." It is reported that Su Zhu has now shifted his support to the Avalanche ecosystem.
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