Topic: If an Altcoin has a chance to overtake Ethereum, which one would it be? (Read 499 times)

I do not think that such an experienced and powerful team as the developers of the Ethereum project will allow any other project to take the place of the second coin after Bitcoin. But if ever this can happen, then the place of Ethereum should rightfully be taken by Polkadot, with have ideas and plans to improve the blockchain. There is no more worthy contender to replace Ethereum.

Although it seems to me that this simply cannot happen. ETH has a very strong technical side, which will move both the coin and the network forward.

IOTA and HBAR

Until now, there is no altcoin that has the opportunity to compete with ETH, but in the future we don't know which Altcoin is superior to ETHEREUM ??
But my prediction Polkadot will be very superior. Judging from the experience of developer Gavin Wood, and the one who has a great chance to overtake Ethereum is polkadot.

Tron (TRX)
I have done smart contract with it, work smoothly, almost no fees, supported on any platforms with a lot of choices of wallets.
Also they support Solidity so moving from Ethereum is very simple. Like USDT did.

I think none in the list could overtake ETH in the long run, BNB IMO has the biggest chance to overtake ETH as it's proving to be a worthy investment since it's already at the top 3 ranking and I think it will stay on this rank for a while until there's a big update that will be announce that might bring BNB at the number 2. Problem with ETH is that their development is kinda delayed but BNB is always on track.

For me Avalanche and BNB has the capabilities to overtake or overpower ethereum but small amout of chance as of now because ethereum are very unpredictable and continuously soaring high as of the moment. Maybe for the next few years if those coins has some huge progress when it comes to market performance and stability.

A few coins previously referenced in your rundown
however I kinda feel inquisitive to see that for what reason didn't you list binance or your rundown
Does decentralization of binance turns into your fundamental worry to reject binance from your rundown.I see that if binance has a ton of potential and I see there are just a few coins that can rival ethereum very much like ADA and binance.

What happens when ethereum update its prices ? people will leave binance

Yes, now it is very difficult to determine which coin will replace Ethereum. But the main problem for users is to avoid large commissions and also to quickly pass transactions. And the main competitor may be the Binanc Coin, since this coin is made according to the ERC-20 standard. And now it is very noticeable how the coin is gaining momentum in trading and, accordingly, the coin is being sold in price. So in the near future, the leaders of the coins may change significantly on the cryptocurrency market. And in order to buy and invest in Binanc Coin, you just need to use the Binanc exchange.

The most exited another altcoin to take over ethereum is BSC and Polkadot. Why ? Because manu developer already build on BSC and polkadot. Look at coinmarketcap. And i choose number 1 will take ethereum is BSC because it is also using solidity so ethereum developer will change the network faster. And there will be big and optimis project on BSC, its XSL Labs project using BSC now.

I thought it was just an assumption. Ethereum's strength to date is still the best. other altcoins I don't think anyone has reached yet. I'm not sure anyone will ever be able to replace ETH's current position. Even for BNB which is currently popular, I believe it will still take a long time for BNB to be equal to ETH.

None. I don't get why people want the next "Ethereum killer"? Is it because you got in too late into ETH?
Guys, ETH was at 80 bucks only a few months ago!

You missed BNB, because we all agree that the potential for BNB is huge to become a high competitor for Ethereum. For a simple example, when Ethereum shipping costs were not friendly, BNB was present, and more sensitive offered us a tantalizing offer. In short, BNB is like saying "we provide low fees so let's wait let alone leave Ethereum"

From that list Polkadot Have higher Chance to overtake Ethereum, Yes it's still have tons of bug but still it have an great Concept with Solid Team & Community. Beside that Cardano was also good, Too many delay but still also have good development, Not on the List, BSC even it's limited with only small Validators and Centralized but still good for alternative especially on some DeFi Platform. I also heard about Avalance but not really understand about it for now, Maybe will read it later.

I think the news of Ethereum 2.0 being around the corner makes it quite impossible for all these coins to be able to overtake it. When it comes to the altcoins world, Ethereum is in a position like Bitcoin is in the cryptocurrency market; it has this advantage of being the first and popular, and that makes it very hard for any other coin to be able to overtake the coin.

But anyway, if I am to choose any coin that should do that, it’s definitely going to be Avalanche for me, but this coin is in a position that is very far from accomplishing that, so I would go for Cardano and Polkadot; Cardano is currently at the third position as of writing this, with a market cap of $37 billion.

I'm also very positive with Cardano...
I was excited when the CEO of ADA said that the ADA fork would give users the opportunity to create their own tokens, it meant that ETH's rivals were growing. besides that I am also very positive about the growth of BSC, the opportunity to shift eth is very big.

Now I think only a single has a higher chance, which is Binance coin. But Binance blockchain transaction cost must be lower than now. Although after the next hardfork of Ethereum, any other coin can't be replaced by Ethereum. The gas limit per block is 25 million, which will double from now.

If we are you be realistic i think of all the projects that's have listed here, only polkadot has a realistic chance of competing closely with ethereum. And that is because ethereum is still king of Blockchain and smart contract projects.
However polkadot has a good chance to dominate the DeFi projects space. If it reaches its full potential with Defi projects, polkadot can come really close to ethereum in its level of adopted use cases.

In the crypto market it is normal for a new top coin to arrive, leaving behind a top coin. ETH is currently a strong top coin in the market, so it will not be an easy task to overtake eth.
However, it is natural that there will be competition in the market and better projects will come to the market.

I think there are a few coins on the market right now that can compete with eth. Those are ADA, DOT, BNB, I will give more priority to these projects to see the next top coins.

It's theoretically impossible to outperform Ethereum because of the massive number of tokens being made on the ETH blockchain but if there is any coin that can do it, it has to be BNB like you said. That's because the Binance chain is being actively used for new projects apart from that maybe DOT has a chance or ADA if they can continue gaining interest from investors and traders.

For sure, DOT is being touted as the next big coin but I am not sure if it can actually take over Ethereum because there are just too many projects being made on ETH and I don't think any coin can have that many projects built on them, no matter which coin it is.

This is just as if you want to say ibing list of an altcoins that will over take bitcoin but it doesn't happen overnight. Bitcoin in it early days also has it up and down though Ethereum has really really becomes a pieces 0f shit that no longer accommodate small and reatil investors.
Those are real projects you have mentioned but public opinion also is very essential. The whales hardly abandoned a project especially when they hold bags from tiny price, they don't abandon projects during their days of down time, Ripple is an example, they don't just want to abandon the project despite the hate from other communities, the same thing applies to Ethereum.  

I will also pick out binance to be the coin. One reason and that major to the decision is that during the bull that etheruem fees was high, many investors started utilizing binance for a reduced fee and this was why binance had a fantastic move lately. So it is possible to do an overtake against etheruem.

Coins you mentioned have great potential to be among the best cryptocurrencies, not all of them, but some of them can. However, l could not see BNB among your lists, in my opinion, BNB is one of the best cryptocurrencies, which has more chance than other altcoins to overtake Ethereum. l mean everything is possible in this world, l agree with this opinion. But if we are talking about ETH, l think there will not be any place changing in the future. ETH is the second-best cryptocurrency for either me or other people. l can not imagine that there will be any coin in the near future which can overtake ETH. None would it be.

BNB and Kucoin shares have the potential to go higher than the previous ATH level but it is a cat-mouse game after this recent market movement. For long-term investing, waiting for the correction and buying at the cheaper prices will boost the return on the investment rate, I also prefer to wait for the perfect market circumstances before doing rush trades.

ETH is the top altcoin but of course competition on this market are increasing as well so there’s a chance that one day, we’ll see a new coins on the top position. Based on the list, only ADA and DOT has the chance to take over but if you’re going to add BNB on the list, then I’ll go for BNB. Anyway, i’m sure that ETH will also grow together with those good projects so it will be hard for them to beat ETH, only time can tell for this one.

I don't know did you guys follow the recant developments on Cardano. There is a reason why the price is pumping cause they have a big year in front. From this stand point Cardano has the best chance to surpass Etherium.

It is strange to see no tron in the list im saying that because tron is already working blockchain network that does everything that ethereum does and is very cheap and smooth to transact so it should be there because it is popular already as an eth alternative in all segments of crypto business whether it is defi, tokenization or usdt.

Nice summary!

Two projects: Waves and NEM (soon to be renamed to SYMBOL). From a technical point of view, these are the projects that can hold a candle to Ethereum without the disadvantages (high fees for instance).

In the second row I would then see Cardano (especially with the scientific aspect) and to some extent Solana.

Should IOTA be able to keep its promise with the Coordicide in the next few months, then the list is done anyway. Then IOTA is clearly better than Ethereum. However, the project is currently still suffering from its not that great decentralization solution.

I wonder why hardly anyone lists Neo and EOS anymore. I've been saying for years that these are completely overrated projects from a technology point of view and now it seems many have realized this, too.

In my own opinion, binance coin shouldn't have been left out of the list, it's a kind of disrespect if I should use that word, all other projects you've mentioned are all very good but based on what binance has been able to achieve so far, and based on its rank in the current coin market capitalization, binance coin should be the number one on the list of coins that are capable of over taking Ethereum anytime of the day.

IMHO, I believe that Cosmos, Tezos, and Polkadot have the capacity to achieve it. But I think you missed an important and potential coin too which is the Binance Coin or BNB, As I see it today BNB is not only a simple exchange utility coin, after the Launch of Binance SmartChain or BSC the potential of BNB was also unlocked as we see it today the coin price was already skyrocketed and I believe that the price rally has not ended yet, the BNB will continue to surprise us all in years to come.   

we must first see what to beat. because looking at the price, of course, many altcoins are already more expensive than ethereum. but from the market capitalization, other altcoins will definitely lose to ethereum. not to mention the adoption of the ethereum blockchain, I think, is higher than other blockchains.
when Binance can do it I think the competition for BNB and ETH may be tighter in the market.

It would be bnb since binance is growing so rapidly it affect their coin greatly but other than that it's gonna be polkadot, why? because this coin has been discussed frequently among people and people out there who don't really know that deeply about crypto some of them already know coin like polkadot but maybe thats just around my circle. overall, it's bnb that has the highest chance but its centralized so...

for now i think binance coin and cardano has a chance to overtake ethereum,
especially if the fees on ethereum network still high mate
but if we look at the market capitalizations of ethereum, look like impossible for another altcoins to beat ethereum
regards

Just curious why you said this statement without a doubt. Maybe I missed something on litecoin community, but I was clearly read in 2017 Charlie said he sold all coins he have to avoid conflict of interest. Tell me please what's that greedy owner mean?

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I would say Cardano to overtake Ethereum. Only if binance can't do it with that big community.

indeed, if we look at the gap from marketcap between ethereum and the others altcoins is so far,
thats why its impossible for other altcoins to overtake ethereum,
but if we talk about a chance i think BSC, cardano and polkadot is the best altcoins to compete with ethereum

That is just the fact, ethereum is old and people like th embrwce such more but not in all cases, litecoin, EOS and many were old and yet overtaken by polkadot, so it depends. But I just see about ethereum is the DeFi and that people tend to investore in it. This will make it more even difficult to be overtaken by any other coin. Also, the gap between ethereum and the second strongest altcoin is very far and clear, this making their chances for such possibility of any other altcoin overtaken ethereum to reduce.

Polkadot and Avalanche has a better chance to become a better version of ethereum but there is one thing that is very clear here, ethereum is oldy and these two projects are new comers, it's juts like saying bitcoin is oldy but we have better bitcoin wannabes, isn't it? So why haven't any defected bitcoin still? No matter what new projects brings or Introduced old projects will still always be on top

There is nothing more than Cardano(ADA) and Binance(BNB) these 2 currencies are the most expected to take the rank of ethereum for more than 4 years now.

in past i thought it was Litecoin but i failed because of the greedy owner.

I missed Polkadot , but yeah this new altcoin is looks promising and gaining really high support and good attention this past months .

Eth is going to stay there for a very specific reason. The ecosystem surrounding it is stronger than ever and moreover the older a coin, the more decentralized we can assume it to be. And remember decentralization is the basic foundation and whole point of blockchain.

There are a lot of developers, resources, documentation and other tools available for eth in abundance, way more than any other newer projects. And its popularity and adoption is the sole reason why eth developers are not revamping it from scratch rather than going for a upgrade to 2.0. There are numerous tokens, dapps and other projects currently being run and actively developed on the protocol.

But it doesn't necessarily mean we can't have more than one successful smart contracts platform. Other projects can and will shine as soon as they start proving themselves useful, most of them already have. And they might eventually take over eth but the shift will be gradual and slow. And a lot of it will depend on mass adoption and what platform ends up satisfying more practical use cases.

The only thing that can get eth replaced for something else will be the next upgrade. We would have to wait and witness if it is seamless and provides what is being promised. And if it fails to deliver, there are a lot of chances that current projects running on eth as well as newcomers will look for alternatives.

I'm seeing the following:

1. Avalanche
2. Solana
3. Polkadot
4. Cardano

This 4 has the potential to overtake Ethereum if Eth2.0 scalability solution will be a disaster. Maybe most of the projects are going to switch in on of those 4 in the future. All of them has also a solid leader behind, just like Ethereum, so most likely down the line in the next 2-3 years we will see one of them seriously challenging Ethereum.

No BNB in your list, well this is surprising for me anyways there is no doubt the higher transaction fees of Ethereum network is absolutely a plus point for an other altcoin to replace Ethereum currently Binance smart chain is much capable to give though competition to Ethereum network which indicates that BNB has higher chances to overtake ETH if ethereum team doesn't fix the high transaction fees problem by making some effective improvements.

That's pretty interesting but it looks like there are lots of people didn't care anymore about the decentralization. If we can take from what happened with BSC and it seems like the fees could push people to use the centralized blockchain for defi.
Well, I'm very interesting with avax BTW.

There's still no obvious clue of any altconi could overtake Ethereum considering the gap of market cap between the coin but if I'm guess I'd definitely think of any other smart contract altcoins that did the same just like ETH but have their own quirk like maybe BNB though binance actively burning BNB coins so I think it's gonna be hard for them.
Other than that Cardano or Polkadot, these two are the most logical choice as of now to be honest.

I agree with the first statement, that if there is an altcoin capable of surpassing Ethereum, then the candidate will be in the top 10 coins on CoinMarketCap. by far, the closest potential altcoin to ethereum, and of the same amount of function and development is the BSC. up to now there has been quite a lot of talk comparing ethereum and BSC.

After witnessing the rumored and appreciated altcoin horses will overtake ETH like EOS, XLM, ... Also with the XRP trick in 2018, there will be almost no reversal of position.  
ADA is fine but in a state of great supply and overload for a while pumped, it will not be able to sustain in the long run.  
Dot has potential, but future interoperability between other blockchains will be difficult to deliver long-term value independent integrity.  BNB has also been mentioned, but it is difficult to narrow down or any major conversion of users to ETH.  ETH 2.0 is ready for the final stage.  
Therefore, I predict that in the next 5 years there will not be a downturn in ETH despite the majority complaining about gas but I o that it will be resolved significantly when Ethereum 2.0 matures.

Yes, but from some of the tokens you mentioned, I only believe in DOT and BNB tokens in terms of surpassing Ethereum tokens, because both of them are very close to Ethereum and always have good development from day to day.

There are lots of potential Ethereum competitors that has a very high potential to out-perform, out-rank and surpass Ethereum especially in the long run once that they continue to grow and to innovate their platform such as AVAX, EGLD, LINK, DOT and BNB.

With the way things are right now, I am seeing BSC and PolkaDOT to have the best chance to produce the best run and eventually overtake Ethereum. Of course, this depends a lot on how the market will be reacting and if Ethereum will continue to fail on the question of scalability which results into incredibly high gas fees for transactions. Of course, Ethereum is certainly not so easy to kick from its leading position and its developers are working hard day and night for the total implementation of Ethereum 2.0 hopefully to get away from the current problems it is now. Let's see what can be the in the following months.

I have not included Binance in my list because it is too centralized to be considered as a legitimate Blockchain platform to challenge Ethereum. Binance is doing a good marketing and has very high exposure but for a real project to overtake Ethereum, it needs much more because when people do research, why will someone use a cetralized blockchain for DeFi? A good DeFi will decide if a project is sustainable. 

Yes you are right BSC is a bigger competitor, they have already integrated 1inch and this gives a lot of possibilities. I also want to note that Avalanche has huge potential, there is a really small commission and very fast transactions, Avalanche already has a small list of supported tokens, the list of tokens can be found here https://aeb.xyz/#/transfer

I don't think any coin is near to Ethereum value or surpass Ethereum in the upcoming 2-3 years. I believe you missed the Binance. BNB has more chance to match the value of Ethereum in the future as compared to the coins you mentioned but we can expect eth will also rise so it's tough to overtake Ethereum in near future. Gas fee is insane still Ethereum is the top priority coin in altcoins.

Some coins already mentioned in your list but I kinda feel curious to see that why didn't you list binance or your list? Does decentralization of binance becomes your main concern to exclude binance from your list?
I see that if binance has a lot of potential and I see there are only some coins that can compete with ethereum just like ADA and binance.

I will not mention more coins that placed below top 10 CMC consider these coins have no choice to compete against the major coins.

Ethereum fees are increased A LOT and it makes much more sense to stop sending transactions because we won’t make a profit from purchased coins, especially on Uniswap. If we don’t need to send a transaction, it makes much more send to avoid it and wait for cheaper fees.
But avoiding transactions shouldn’t be an issue for a well working platform. It is not how Blockchain should work. Ethereum has huge issues and it needs to be solved from Ethereum developers.

If it’s not gonna solved soon, we will see coins rising providing a better, cheaper and faster platform, where everyone can use it again and don’t suffer from high fees.
Many projects are building own solutions currently, to address expensive Ethereum’s weakness. It is quite hard to get an overview.

Here is my ranking list for coins if a coin has a chance to overtake Ethereum, which one would it be:

1. Avalanche. Avalanche is completely different from existing projects and experts have given Avalanche a high chance to be a big game changer for Blockchain and mainstream adoption because of interoperability, great decentralization and scalability in addition to low transaction fees. Avalanche was reviewed by SEQ and received a positive rating: https://medium.com/avalanche-hub/avalanche-consensus-the-biggest-breakthrough-since-nakamoto-66e9917fd656
2. Tezos. Tezos has been developed diligently be Tezos devs. It’s a solid, but very undervalued project. Tezos was reviewed by Blockgeeks and received a positive rating: https://blockgeeks.com/guides/what-is-tezos/
3. IOTA. IOTA has been a leading project for innovative approaches but IOTA developers had difficulties to deliever. Currently, IOTA is very undervalued and can be a very wise pick because IOTA has made huge developments recently, like IOTA Chrysalis (IOTA 1.5). IOTA description and analysis: https://medium.com/iotatangle/chrysalis-iota-1-5-phase-1-now-live-on-mainnet-958ec4a4a415
4. Cosmos. Cosmos is a promising project for a scaling blockchain platform. It wasn’t hyped yet because developers are still diligently building. However, experts have some concerns of being too centralized and Cosmos has too high inflation. Cosmos was reviewed by SEQ and received a mixed rating: https://medium.com/@CryptoSeq/cosmos-an-early-in-depth-analysis-at-the-ecosystem-of-connected-blockchains-part-one-508cd679bac5
5. Waves. Waves is an established network of a next generation Ethereum platform but has failed so far to meet expectations. However, it is a big and experienced developer team and Waves seems to be very undervalued currently.
6. Solana. Solana has started developing under Anatoly Yakovenko’s hatch just recently. It has made big progress and is shilled by prominent YouTubers and marketing figures. Anatoly Yakovenko has developed a good marketing strategy but it remains unclear, if Solana can be a top aspirant for DeFi, because concerns remained, when Anatoly Yakovenko could not respond to critics sufficiently, when he was recently confronted. Solana received an endorsement from Coinbureau: https://www.coinbureau.com/review/solana-sol/
7. Polkadot. Polkadot was invented by Gavin Wood, who developed Ethereum before. Polkadot has already established a big ecosystem and is still growing. But a high inflation, limited scalability and centralisation (dPoS) are issues for Polkadot. Polkadot was reviewed by SEQ and received a mixed rating: https://medium.com/@CryptoSeq/polkadot-an-early-in-depth-analysis-part-three-limitations-and-issues-d8b0a795a3e
8. Cardano. Cardano has already a very high Marketcap and it’s very likely an overvalued coin. Cardano was started almost 5 years ago from Charles Hoskinson, an abandoned Ethereum developer. Cardano has constantly developed but in addition to a good marketing strategy, it hasn’t achieved a working mainnet platform of contracts, like Ethereum. Release was always pushed back and promised “soon” (you know). Delays are usual for Cardano.
9. Algorand. Algorand was very promising before it started but a bad planned ICO and a huge dump after launch, where VC and rich participants sold, caused a dump from 3$ to 0.20$ and left a huge loss for many members. Wasted opportunity but developers are still building.

Ethereum 2.0 remains superior here because it is not included in my list but we need to see how Ethereum 2.0 will look like. Ethereum 2.0 will be huge, for sure, but until it is live, competitors have a chance of overtaking Ethereum.

What’s your list of potential coins overtaking Ethereum?