Ethereum is running a classic "freemium" model.  But it still has to prove that growth in L2 activity will translate eventually into growth in L1 revenue.

Getting close to 4 blobs/block post Pectra!
Blobs leaderboard over the last month:
1. @base: 253,792
2. @world_chain_: 110,952
3. @taikoxyz: 64,911
4. @arbitrum: 60,765
5. @Optimism: 29,524
6. @unichain: 22,554
7. @soneium: 20,096
8. @blast: 11,820
9. @Metal_L2: 10,027
10.

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Hi Matt,
In this case, the freemium is not really "free", but different fees / slower transaction throughput on the L1 versus the L2's.
It's a good analogy as long as it's well understood in the right context.
It expands the Ethereum choice spectrum for sure.