Woofun AI reports that Joseph Lubin, co-founder of Ethereum, stated transaction fees on the Ethereum L1 network must stay low to encourage expansion. He projects that within two to three years, tens of thousands of enterprises will utilize Ethereum’s L1 and L2 networks alongside private permissioned EVM networks such as Besu. While L1 fee revenue is expected to rise significantly, Lubin emphasized that ETH staking and other supply-locking mechanisms will reduce circulating supply, enhancing value under 'ultrasound' conditions.