SOL is overtaking ETH in every metrics.
SOL DeFi is likely to surpass ETH in the near future in my opinion.
Memecoins ecosystem is just way greater than ETH.
How ETH going to solve this issue and maintain the king spot?
I have no idea. ETH seems to be stagnant at this bull run, and the price of it isn't going anywhere. Whilst for SOL, we've seen how it went last year and the meme coins craze was absolutely crazy.
But looking at the trend for this year, are we seeing more of the memecoins? it's almost dead once again and they're no longer doing good anymore.
ETH doesn't need to maintain its spot, the community that it has got is still solid IMO and that's why even if SOL tries to dethrone it, that will take a long time before it might happen.