The Toll Road to Nowhere: Why the Race for Cheapness is a Digital Value Trap
As Layer-2 networks slash fees to attract speculators, they are discovering that a business built on zero margins is no business at all.
Scaling solutions are locked in a frantic race to the bottom, sacrificing revenue for volume in a market that lacks intrinsic value.
Marcus Thornewood
September 3, 2026
8 min