Waves has better tech than Ethereum at a fraction of the price
Yes, wave technology is better than Etherium. But Etherium has a major advantage. This platform is already overgrown with infrastructure. Many projects are created on the Etherium network. I think that the waves will not compete with Etherium. But they can become an alternative. I think the strength of the waves in their decentralized exchange.
But if Waves can attract developers things can change and Waves also can compete with Ethereum.