Uniswap Founder Warns Ethereum Founder! Solana's Dominance Starts to Get Worrying

The DeFi space is witnessing a serious shake-up. In a bold statement, Uniswap founder Hayden Adams recently warned that Ethereum might lose its DeFi dominance to Solana, unless it stays focused on its Layer 2 (L2) scaling roadmap. 

Adams didn’t hold back, emphasizing that Solana’s strong Layer 1 (L1) performance and its focus on speed and cost-efficiency could position it as the new king of DeFi.

His message? Ethereum needs to stay the course and double down on L2, or it risks being left in the dust. Read this article to find out more!

Uniswap Founder Praised Solana 

Adams praised Solana for having a “solid team and clear vision.” He argued that the future of DeFi may not necessarily be built on Ethereum if the network shifts away from its long-standing L2-focused strategy. 

According to Adams, Solana is simply better at executing DeFi directly on its base layer—something Ethereum can’t do efficiently at the moment without relying on rollups and external solutions.

The Ethereum community is now facing a critical decision: stick to its roadmap or rethink its architecture in the face of mounting competition.

Read More: Solana Beats Ethereum in Staking! Why This is Bullish for SOL

Uniswap Founder: Solana's Streamlined Layer 1

While Ethereum continues to wrestle with L2 scaling solutions, Solana is attracting developers and users alike with its powerful L1 capabilities. Boasting over 4,000 transactions per second (TPS), low gas fees, and growing developer support, Solana is making a clear case for itself.

Notably, Raydium, a Solana-based DEX, recently surpassed Uniswap in 30-day trading volume. According to DeFiLlama, Raydium handled $122 billion, while Uniswap processed $96 billion during the same period. These numbers speak volumes about where user sentiment is shifting.

Add to that the launch of a Solana ETF in Canada and a spike in staking activity, and you’ve got a chain that's quickly gaining momentum.

Read More: Is Solana the Number One Blockchain? Data Suggest Its More Active Than Ethereum in the Last 24 Hours

Uniswap Founder: Ethereum's Challenges

Despite its current dominance with $47 billion in DeFi TVL, Ethereum is showing signs of vulnerability. The network is still struggling with high gas fees, congested blocks, and slow transaction finality.

To make matters worse, internal friction within the Ethereum developer community has started to boil over. A few months ago, Max Resnick, one of Ethereum’s core developers, defected to Solana, citing a “rigid” environment and slow progress on L1 upgrades.

This defection fueled further concerns that Ethereum's current path may not be sustainable if it doesn’t evolve fast enough.

Read More: ETH Price Analysis: Fail to Rally and Why Peter Brandt Predicts Drop to $800

Key Points of Concern for Ethereum

1. Scalability Issues Remain Unresolved

Ethereum's L2 approach, while theoretically promising, is still in progress. Users continue to suffer from high gas fees and latency, especially during peak network activity.

2. DeFi Migration to Solana

Projects and users are increasingly exploring Solana due to its fast finality and lower transaction costs, a key attraction in the fast-paced DeFi space.

3. Internal Community Fractures

Developer exits like Max Resnick’s show that Ethereum is not immune to internal dissatisfaction, which can slow innovation and disrupt momentum.

4. Price Struggles

ETH has been under pressure, with its worst quarterly performance in nearly a decade. The price has been teetering around the $2,000 mark, with traders eyeing a possible drop to $1,600.

Read More: Is the Solana Ecosystem Recovering? Fees and Activity in DEXes Continues to Grow

Uniswap Founder Perspective about L1

Interestingly, Hayden Adams mentioned that Uniswap still holds its largest market share on Ethereum’s Layer 1. So while he strongly supports an L2-driven future, he's not entirely dismissing the importance of Layer 1.

That said, he made it clear: if Ethereum were to pivot back to L1 scaling, it should be done strategically and with major architectural changes, not as a knee-jerk reaction to Solana’s rise.

However, such a pivot would come with trade-offs. According to Adams, centralization risks would increase, making it harder for average users to run full nodes and validate transactions.

Read More: Solana ETF Will Launch in Canada! Will This Help Make SOL Bullish?

Uniswap Founder: ETH Future

Amid the tension, there are also signs of solidarity. In an unexpected twist, Tron founder Justin Sun recently announced that he will not sell his ETH holdings despite recent price dips. 

Instead, he pledged to collaborate with Ethereum developers to help foster ecosystem growth. This could be a sign that even outside competitors recognize the importance of Ethereum’s legacy and want to help shape its evolution rather than see it crumble.

Read More: Can SOL Go Up Again? Looking at the 100% Price Gain Potential in 2025

Conclusion

The debate sparked by Uniswap’s founder highlights a larger narrative in the crypto space: DeFi is evolving, and so must the blockchains that support it. Ethereum has been the undisputed leader for years, but Solana is proving that it’s no longer a one-horse race.

With faster speeds, lower fees, and surging user interest, Solana is no longer the underdog, it’s a real contender. Ethereum still holds massive market share, developer loyalty, and institutional support, but it must act decisively to keep it that way.

The real question now is: Will Ethereum stay the course with Layer 2, or be forced to pivot to match Solana's Layer 1 performance? Only time and the next wave of DeFi users will tell.

Read More: Is Solana Better than Ethereum? According to This Data!

FAQ

Who is the Uniswap Founder?

The Uniswap founder is Hayden Adams, a leading voice in the DeFi space and a strong supporter of Ethereum's L2 scaling strategy.

What did the Uniswap Founder say about Solana?

Adams warned that Solana could overtake Ethereum in DeFi if the Ethereum community abandons its L2 roadmap. He praised Solana’s team, vision, and ability to execute DeFi on its base layer.

Why is Solana gaining popularity?

Solana is gaining traction due to its high transaction throughput, low fees, and fast confirmation times. It also hosts successful DeFi platforms like Raydium and recently launched a Solana ETF in Canada.

Is Ethereum losing its DeFi dominance?

While Ethereum still leads in TVL, it’s under pressure from Solana and other emerging platforms. Developer dissatisfaction and user frustration with high gas fees are also mounting.

What’s next for Ethereum?

Ethereum must either continue its L2 scaling roadmap with confidence or re-evaluate its base-layer strategy, but any changes must be thoughtful, community-driven, and technically feasible.