can't be a the king of altcoin if all the money going to solana right now. ETH with its annoying scalability issue has always been the main problem that holding back the blockchain, had their TPS and scalability is great. really rooting for ETH to break the sentiment and become relevant again with some innovative network upgrade in the future that can improve their scalability, but maybe it's just a fleeting dream.
Well, people change and so as the others E.g. coins or their rankings. ETH was known as the king of the alts before but maybe not now anymore as some altcoins are scaling up against it. ETH is an alternative to BTC, so it is supposed to fix the known issue of BTC which is scalability but it's funny that it even have it as well, lol, no wonder why other alts are surpassing it. ETH already had an upgrade before but I think it only makes its situation much worse. IDK if the founders saw it coming but maybe they know something that we haven't?
The reason why "people changed" on their opinions about ETH is the fact that, ETH didn't change. Maybe that could be good for some assets, but in the altcoin world where there are innovations almost daily, something staying exactly the same way isn't really acceptable anymore, which is why there are a lot of people who try to avoid that as much as they possibly could.
I understand that it may not look that great, but at the end of the day we are going to see this becoming a big issue if we are not careful. ETH will become obsolete eventually if there aren't any improvements and there are many cases of this already going on right now. The start is that it doesn't go up when others do, and next step is it will go up more than others during bear and lose position.