Most people still think users = ETH ecosystem. Reality looks different. BNB Chain is doing ~4.2M daily users. Tron ~2.6M. Solana ~1.7M. Meanwhile a lot of high-value chains aren’t even close. This split is important: – High users → cheap chains, payments, retail – High value → ETH + L2s, capital markets If you’re only watching ETH, you’re tracking capital. If you want real adoption, look at BNB / Tron.