Alon Muroch, founder of SSV Labs, shared his opinion on the current state of Ethereum in India. Despite being a leader in total value locked (TVL), Ethereum is facing challenges with declining network activity and momentum. The platform needs fresh ideas to revitalize its ecosystem and support innovation. One such solution is based applications (bApps), which leverage Ethereum’s validator set for security, enabling interoperable, scalable, and cost-effective development. The decline in network activity reflects a user experience (UX) issue, emphasizing the importance of improving developer experience for better adoption. The traditional options like restaking and self-bootstrapping have limitations and fail to address fragmentation in Ethereum. bApps offer a more secure and accessible alternative, empowering validators and developers while creating a unified and interoperable ecosystem. By using Ethereum validators as a security base, bApps provide a marketplace for multichain security, enhancing scalability and reducing complexity and cost for developers. This innovative approach transforms the competition for resources into a synergistic environment, fostering innovation and inclusivity in the ecosystem. To address fragmentation and empower builders, Ethereum must embrace based infrastructure to enhance user and developer experiences. Alon Muroch emphasizes the significance of this approach for Ethereum’s growth in India.