Ethereum has been trusted by many projects that have used its network, the expensive gas costs are reasonable because ethereum always follows the bitcoin chart so I still maintain ethereum, many projects or platforms have used the bsc network in the future binance smart chain is growing while ethereum remains the king of altcoins.
on the other hand, there are now a lot of eth fans who complain about this gas and actually this gas problem still hasn't been resolved since a few months ago.
This is why many people are starting to switch to gas-friendly ones especially now maybe BSC is one of them.
On the other hand, for eth itself, there are fewer scams because it is definitely hampered by gas costs and this is very good for minimizing scam projects.
on the other hand the increase in very expensive gas is also the reason they are abandoned.
but for the altcoin king it is true that eth still dominates.
Currently days ago I made an exchange in the ETH network and I spent more than 150usd that is something exaggeratedly expensive, however the projects that are based on the BSC network I love them for their low fees, when they are ERC-20 projects I have to study them very Well if they are worth it or not, now every project in the BSC network is excellent for me, because it does not require any fee, however the risk for which it is exposed is very great, because in decentralized exchanges, there is a lot scamer who make contracts with almost the same name causing the contracts and investors to be confused and defraud, that way it always happens, or that the project that is being done keeps the funds.
here are the advantages and disadvantages of each.
On the other hand, from a project perspective, eth is very good because it's rare for scammers to be in this network because the gas is in a different level.
on the other hand BSC is more friendly in transaction fees but as you said a lot of coins and projects are being misused because of their low prices. so it's no stranger now in the BSC network, many coins are only temporary and rely on pumps.
on the other hand you are so brave to use $150 just for gas and that is one effort that is quite expensive and of course the level of profit will certainly be very much more than that.
That's right, I used that but the truth is a very expensive gas, and the advantages are obvious, but I really believe that the projects in which they come will migrate to the Polygon network, because it is a network that is being very strong, with the fees lower still and many projects such as metaverses are going to be developed there, so it would not be bad because competition to the BSC network is a very good thing so that it does not become monopolized as happened with the ETH network. And not only that network, there are many networks that for now are in betatest and promise a lot, especially they are attractive for their low fees, and people will always seek to earn more by paying less, that is the trend.