Quote from: adultcrypto on Today at 02:24:19 AM

Quote from: Iamcrypticguy on October 01, 2024, 01:15:04 PM

I'm starting to believe that Ethereum could eventually surpass Bitcoin as the top cryptocurrency, especially given its strong ecosystem and the recent reduction in gas fees(Is this a rumour).

After exploring Eigenlayer, a restaking protocol that allows Ethereum stakers to restake their ETH or liquid staking tokens (LSTs), it seems to offer new opportunities for increased profits. With the added advantages of smart contracts and DeFi solutions, I expect a potential rally in Ethereum-based projects this month, making it a good time to strategically position myself.

https://coinmarketcap.com/currencies/eigenlayer/

This is just a wishful thinking that does not have any substance. Bitcoin will always remain the number one with no challenger. If you have been paying close attention, you would have noticed that bitcoin dominance have grew from around 50% to over 56% now whereas ETH dominance have declined from around 18% to around 13%. This confirms the general trend things are going and instead of thinking that ETH will surpass BTC, it is even looking like more people are abandoning ETH for BTC.

It's that, and also the fact that d5000 described: there is no killer project with real innovation out there on ETH. Many good L2's and many different concepts, but they all don't turn over the table, moreover, others turn over the table over ETH in general Grin