100% correct, the most basic thing is that Ethereum (ETH) loses in terms of age, then scarcity, apart from that they also lose in terms of adoption.
Q: But Bitcoin (BTC) doesn't have what advanced blockchains like smart-contracts have?
A: With recent developments like Ordinal, isn't it already part of advanced blockchains? although the Bitcoin community doesn't like this.
As time goes by, the supply of Ethereum (ETH) will increase, because the supply is unlimited. So what other basis can Ethereum (ETH) surpass Bitcoin (BTC) someday? none at all!
+1 on this, ETH has become quite weak coin honestly that I think solana might get the chance to overtake it maybe next bullrun, even weaker compared to BTC.
seeing recent price action where BTC pumps from $62k all the way to $69k and ETH just climbed from $2080 to $2200 is sad really.
also, agreed with the ordinal that allows BTC to have functionality similar to ETH and also BTC already has many L2 that allows smart contract and liquid restaking protocol, BTC didn't lose out to ETH in term of functionality at all.