42% Of Founders Are Building On Ethereum And Base - More Than Every Other Chain Combined. The Multi-Chain Dream Is Evolving Into A Multi-Layer Ethereum Reality

https://preview.redd.it/k2glh9dq6ixf1.png?1536&format=png&auto=webp&s=a9a78ece025a39f8614ef81e330d63a8a09da2cb

As you can see in the image above, the latest data from a16z, it shows something really interesting, 42% of the founders are building right now or planning to build on Ethereum and Base. That is more than every other chain combined.

• Ethereum - 22%
• Base - 20%
• Solana - 16%
• Bitcoin - 8%

This is not just a stat, it is a clear signal of where the next wave of innovation is heading. Ethereum still plays for the long tame and they are trusting its foundation. The liquidity, the tooling and the dev culture are still unmatched.

Then we have base, another success for Ethereum because it is a L2. Base supported by Coinbase is basically building a friendly on ramp into the Ethereum ecosystem in a fast, cheap and normie proof way. This is also attracting developers to work on it.

Solana is not far away from them but in other aspects Solana is really far away from Ethereum ecosystem.

It looks like the multi chain dream is evolving into a multi layer Ethereum reality and base might be the layer that takes it mainstream.

Source:

• Tweet: https://x.com/LeonWaidmann/status/1982405629001056547
• Data: https://a16zcrypto.com/posts/article/state-of-crypto-report-2025/