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Stellar is much younger than ETH and there is a huge multidue of projects run on ETH with the upcoming ETH 2.0 implementation IMHO Stellar can't challenge ETH dominace however being developed by Americans will be more attractive to some projects also from the regulatory perspective
I am currently keen on the ongoing market situation, and i observed that ETH was most affected going down to Ripple(XRP) to the 2nd position at the coinmarkekcap ranking. Now, it seem to me that XLM is coming up stronger and may overtake Ethereum in near future.