Now there are a lot of projects that are trying to stand out from the rest, but basically all this is unsuccessful, because there is a lot of competition in the market ...
We all know and understand that competition is an engine for development.
Only due to competition the cryptocurrency market grows and develops. Think yourself if until now we only had one bitcoin, I doubt that it would have any value.
I agree with you, competition is moving the market forward and forcing projects to improve their product.