Ethereum's alternatives and competitors. See how Ethereum compares to similar products. Ethereum's top competitors include Solv Protocol, Radix, and Avalanche. Solv Protocol operates as a one-stop platform and a decentralized liquidity infrastructure for creating and trading nonfungible tokens (NFTs).
In my opinion, BNB is the biggest competitor for ethereum in all the aspects and for far in the recent years BNB is gaining momentum while ethereum is somewhat stagnant on its growth due to external factors like switching from PoW to PoS and even after switching the gas fee for token transaction is still on the expensive side which force the token projects to look for alternatives and that's where BNB stands as first choice.
Of course it is BNB. Firstly, both BNB and Ethereum support smart contracts, and when Ethereum started seeming impossible with its fees, it was BNB that took over. Also, transaction speed and cost is another reason why BNB is Ethereum’s biggest competitor. Lastly, Binance has gained huge attention in the past years. It has grown so much and this equally has increased the strength of the BNB token.