Who is Ethereum's biggest competitor? - page 3.

noqqx265

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Quote from: Vincentdeshong on March 27, 2024, 11:23:46 AM

Ethereum's alternatives and competitors. See how Ethereum compares to similar products. Ethereum's top competitors include Solv Protocol, Radix, and Avalanche. Solv Protocol operates as a one-stop platform and a decentralized liquidity infrastructure for creating and trading nonfungible tokens (NFTs).

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Zaguru12

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Quote from: batang_bitcoin on March 27, 2024, 02:10:47 PM

Not sure what you've mentioned except Avalanche. These are the competitors in terms of its own smart contracts that are being used mostly by projects nowadays. It's either any of these for they're popular right now.

* BNB
* SOL
* Matic
* TRX

I also don’t know how the OP came upon those selections funny enough I have heard lots of layer two chains like Avalanche, Arbitrium and the ones you listed above but none has overpowered Ethereum. One thing I notice that got Ethereum the hype other bull run was because of memes hype and ICOs on its ecosystem, now the likes of BNB and most especially Solana ecosystem are definitely coming up. They are up there to actually create a good competition for Ethereum most especially with their fast and low transaction cost. But it will take time to see that change

Volimack

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As far as I'm concerned Ethereum's biggest competitors will be BNB and SOL. But even if these are big competitors, Ethereum will be above them. Ethereum's continued growth and its continuous upgrades have led many to predict that this year 2024 and the coming years will be great for the token as the growing confidence in technology and blockchain solutions will surely allow ETH to go to the moon.

batang_bitcoin

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Not sure what you've mentioned except Avalanche. These are the competitors in terms of its own smart contracts that are being used mostly by projects nowadays. It's either any of these for they're popular right now.

* BNB
* SOL
* Matic
* TRX

electronicash

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by how much is been used in many tokens, BNB must be the closest competitor of ETH. its even more friendly and its fees are cheaper also. they use say ETH killers when there are projects related to smart contracts like SOL and ADA but they are not just that widely used by many developers. there are more projects even before BNB and SOL but none of them came close to ETH killer.

kentrolla

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I have seen a lot of people station SOL and BNB can be the biggest competitors for Ethereum but I think both are not at the level to compete with ETh as there is still a long way to go and I do agree BNB can come closer if we compare between BNB and SOL but I don't think SOL can be considered as a competitor yet. Because they need more market exposure and during bull run any coin can outperform ETH or reach closer but it's the best market and recovery from there is what defines real competition.

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Ethereum's biggest competitor is BnB followed by Solana. After Bitcoin we know Ethereum as the most trusted and expensive coin. Ethereum is expected to reign supreme after Bitcoin in the future. However, BNB is considered as a competitor to Ethereum. Because it is valuable and expensive after Ethereum. But solana should not be ignored BnB and Solana are very similar in terms of quality and price.

o48o

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Quote from: Vincentdeshong on March 27, 2024, 11:23:46 AM

Ethereum's alternatives and competitors. See how Ethereum compares to similar products. Ethereum's top competitors include Solv Protocol, Radix, and Avalanche. Solv Protocol operates as a one-stop platform and a decentralized liquidity infrastructure for creating and trading nonfungible tokens (NFTs).

There's no competition against ETH. Overall crypto development is all for common good, except from teams that use closed source. And even if it was competition, you managed to pick crappiest choises out there. If i really had to pick one good one, it would be avax, but i didn't like ther dishonesty in their shilling attempts.

Radix is not even in top 100 marketcap coins and only legit exchange it's listed is bitfinex. I won't even bother to check the activity to see how small of a fraction activity against eth it has.

And Solv Protocol you spoke so highlly of is just a token that is literally build on Ethereum, It's just impossible to compete with something it's build on.

And saying it's a competition against eth, is like saying that your new electric toothbrush invention is a strong competition against the whole electricity infrastructure.

cryptoaddictchie

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Quote from: Vincentdeshong on March 27, 2024, 11:23:46 AM

Ethereum's alternatives and competitors. See how Ethereum compares to similar products. Ethereum's top competitors include Solv Protocol, Radix, and Avalanche. Solv Protocol operates as a one-stop platform and a decentralized liquidity infrastructure for creating and trading nonfungible tokens (NFTs).

In terms of what? Are we talking about marketcap I think you missed the xlosest like bnb and solana these two are the top competitors of eth when it comes to tech and marketcap. Same purposes and act as a biggest network. Maybe avax too but never hrard about that one solv protocol.

btc78

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Well we can not deny that Bitcoin is probably the only one that is the competitor of Ethereum. Even though Ethereum is the top among altcoins it can never surpass what Bitcoin is and what has achieved but among altcoins I will say Solana might have a good chance of competing with Ethereum but only for a phase maybe. I really don't see Ethereum rising any more any time.

jrrsparkles

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Quote from: Vincentdeshong on March 27, 2024, 11:23:46 AM

Ethereum's alternatives and competitors. See how Ethereum compares to similar products. Ethereum's top competitors include Solv Protocol, Radix, and Avalanche. Solv Protocol operates as a one-stop platform and a decentralized liquidity infrastructure for creating and trading nonfungible tokens (NFTs).

In my opinion, BNB is the biggest competitor for ethereum in all the aspects and for far in the recent years BNB is gaining momentum while ethereum is somewhat stagnant on its growth due to external factors like switching from PoW to PoS and even after switching the gas fee for token transaction is still on the expensive side which force the token projects to look for alternatives and that's where BNB stands as first choice.

Vincentdeshong

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Ethereum's alternatives and competitors. See how Ethereum compares to similar products. Ethereum's top competitors include Solv Protocol, Radix, and Avalanche. Solv Protocol operates as a one-stop platform and a decentralized liquidity infrastructure for creating and trading nonfungible tokens (NFTs).

Topic: Who is Ethereum's biggest competitor? - page 3. (Read 361 times)