Quote from: Bushdark on Today at 05:45:05 PM

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Quote from: jrrsparkles on March 27, 2024, 04:05:25 PM

Quote from: Vincentdeshong on March 27, 2024, 03:23:46 PM

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.

In previous years, many people in Crypto circles often said that there were several alternative coins such as Solana, ADA and BNB which were Ethereum killers but in fact so far none of these coins have been able to surpass the price of ETH, so I say even if one day Later there will be altcoins that use more sophisticated technology but they still cannot beat the fundamentals of the Ethereum coin because basically the Ethereum coin has been recognized by investors that it is the king of thousands of other altcoins.

We don't even have to think of it too much because there are so many alternatives to Ethereum which are many and they are available in the market. The market is big with so many crypto projects with their own Blockchains other project can built their token on.
We have BNB, Solana, Tron etc which I can't even mention all for now. We just have to concentrate on crypto project we can buy and hold making profits from without having to wait for months before we see a single profits to appreciate.

There isn't any alternative of ETH network. We we have some layer 1 projects that just tried to be better than ETH network but it seems they are nowhere near the adoption rate of ETH network. What i am seeing is some project will fade away like all the bitcoins competitor are living under bitcoins shadow. If any layer 1 wants to make its position in the market it needs to find its unique narratives and way to do it. Trying to be better than ETH network and solving the same problem won't work in the long term.