I would say that binance coin bnb and binance smart chain can compete with ethereum in terms of price but they cannot take over in terms of technology. Ethereum is pure decentralized chain and its hard for anyone including bsc to compete it.
Ok, I get it.
It really depends on where we rate and the users who are rating it and over time Ethereum may be a tech issue that is superior.
However over time the BSC became superior in terms of lower costs than eth even higher which was considered a positive for users as an alternative.
Now, when the ethereum network cannot cope with the load that has arisen and because of this, transaction costs have increased, many are leaving for other platforms, and this is quite logical. However, it is too early to speculate about who will become the new ethereum. We need to wait and see the update results for this coin. Already in July, we are promised a solution to this problem with a high level of gas and ethereum will again deservedly take its former place as the leader of altcoins.