I think the fear is:
- mempool depth has become a demand proxy metric
- it makes mining profitability less predictable
If L2 adoption means less demand for on-chain transactions, but we want full blocks, there are two types of solution:
- developments that reduce L2 activity that pushes things back on chain
- mind blowing L2 growth that makes "rare" L2 on-chain events fill whole blocks
One of these is more appealing to me than the other