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).
I think for now, BNB and also Solana are the biggest competitors. both are competitive enough to make them able to compete with Ethereum. Even though in terms of market cap, they are still far behind Ethereum. However, if they can survive, this will be quite troublesome for Ethereum, especially in terms of using its blockchain network. Because both BNB, in this case BSC and Solana, provide a more attractive network compared to the Ethereum network. Not only regarding the technology, but especially also the transaction fees, where Solana and BNB are quite winning in this regard. Both of them even offered much smaller transaction fees, but at fairly competitive speeds. This is why most projects currently use these networks.