The future of dapps is not on blockchain.

Now that dapps have taken off in adoption, they are starting to outgrow Ethereum itself. With all the scaling issues of blockchain, Ethereum is now the bottleneck to the adoption of dapps. These applications will likely find a home somewhere else.

Ethereum on a fundamental level is bitcoin + dapps. The value of Satoshi's invention is not the speed or the transaction costs of moving money, because you could host this on AWS and be 100,000x more efficient. Infact, things like ApplePay already do this. Instead, the value of Satoshi's invention was the decentralized computer network itself and its self-sustaining game theory that makes it impervious to attacks.

What people want are capps, not dapps. Capps can have all the functions of dapps but be faster because they run on AWS. It might not be what cypherpunks like Nick Szabo dreamed of, but it's the only way these financial applications scale for a world-wide audience.

Just remove the blockchain element out of Ethereum and centralize it to make it optimized for these capps. https://en.wikipedia.org/wiki/E-gold Something like this, but focused on capps. You make an account, KYC, and everything. But retain all the features of moving money around from wallet to wallet and using centralized financial applications. Tokens, Yield farming, borrowing/lending, and NFTs all without blockchain. Infact, I think NFTs are way better suited on centralized servers as you could have an NYSE version of NFTs that are actually legally recognized as intellectual property.

Don't be surprised if Coinbase or Cashapp are the first to do this and steal a large amount of momentum away from dapps.