Cardano will not be able to replace Ethereum. because we can see that the ecosystem in Ethereum continues to develop rapidly. Not only in Layer 1 but layer 2 is also developing rapidly, such as Arbitrum which is also continuing to develop. ADA actually also has its own advantages. So I also think that both will go side by side and have their respective advantages and disadvantages.
What do you think Ethereum's niche will be and what will Cardano's be?
I think not, cardano is lacking behind in this regard, let alone pursuing ethereum which supposedly requires cardano to have higher growth rate than ethereum. funnily enough over the course of this past 6 months cardano only rise double of its bottom, its kinda unrealistic to say that ethereum gonna be overtaken by cardano, its more realistic to say solana have higher chance overtaking ethereum.
Cardano's time is not yet, in this bull market Ethereum will shine but I think in the next bull market it will be Cardano.
Of all the alternative Layer-1s you've chosen the one that has barely any adoption and user activity at all lol. Cardano doesn't even have native stablecoins yet. If there's an alternative L1 that will challenge Ethereum, it would be Solana and the Cosmos IBC ecosystem. Cardano is one of those L1s that I don't know why still has a huge fanbase despite not much activity occurring.
Solana with the 20th server failure
Cardano has the most stable and secure blockchain.
The Haskell programming language alone is one of the most difficult languages in use.
Cardano is still at the very beginning, in 4-6 years things will look different.
For me, it is more suitable for Cardano to dominate the DeFi and dApp niche.
But what would Ethereum be used for?
As a payment?
NFT & Gaming?
Maybe Cardano would be the developer of the dApps and the platform where it runs would be Ethereum, but that would be very illogical.
Or maybe like this:
Ethereum = DeFi / dAPP
Cardano = AI