Yes we have too many smart contract projects in crypto space and they still keep popping up, ETH is the first of its kind that's why it will remain the best, having new features or utility in smart contract can't beat old projects unless the old projects failed, there is something about oldy in crypto space if not BTC and ETH won't still be the 1st and 2nd on coinmarketcap today when many new coins have better features than them.