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Author Topic: Who is Ethereum's biggest competitor?  (Read 7925 times)

Offline legend45

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Re: Who is Ethereum's biggest competitor?
« Reply #105 on: April 13, 2024, 05:38:30 PM »
There are quite a lot of good coins that can be competitors for Ethereum, but in my opinion BNB is the biggest competitor for Ethereum. Solana is good, but Solana often experiences errors so I am not optimistic that this coin will be able to compete with Ethereum.
For now, it seems like BNB is indeed the biggest competitor for Ethereum. However, you should be able to see that currently there are several technologies that are also developing and have the opportunity to beat the Ethereum and BNB networks. There is the Solana Network which is currently being well developed and is already in the top five of coinmarketcap.
BNB and solana are ethereum's closest competitors at the moment, with lower fees than ethereum and faster transaction speeds. but we know ethereum still has a large community, it will take a long time for BNB and Solana to overtake ethereum

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Re: Who is Ethereum's biggest competitor?
« Reply #105 on: April 13, 2024, 05:38:30 PM »

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Offline Litzki1990

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Re: Who is Ethereum's biggest competitor?
« Reply #106 on: April 18, 2024, 08:35:14 AM »

In order to be the closest competitor to Ethereum, other coins must be close to Ethereum in popularity, while others must be worth the same amount as Ethereum. Among all the altcoins currently in the market, I don't see any coin that has the same popularity as Ethereum and that has a coin price close to the value of Ethereum. If the difference in popularity and price is not close then we can never call them worthy competitors of each other. However, there are some coins in the market that are quite promising and popular enough, even if they are not worthy competitors. While BNB may not come close to Ethereum, it goes without saying that its popularity will definitely rank third.
It will take time for other coins to have as much popularity as ethereum, because we look at BNB, Solana is still far from popular compared to ethereum. But as time goes by I am sure BNB and Solana will get closer to ethereum's position, and we will see exciting competition
At the moment there is no worthy competitor to Bitcoin in the market just like I think there is no worthy competitor to Ethereum. Bitcoin has a very important position in the market whereas Ethereum has a single important position in the market. Just as there is a difference in popularity and value between Ethereum and Bitcoin, there is a significant difference in popularity and value between Ethereum and other coins in the market. But if the popularity and price difference is not equal then we cannot consider that coin as a worthy competitor to another coin. If BNB ever approaches Ethereum in value and popularity, BNB will surely be a worthy competitor to Ethereum.

Offline DAMKAR

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Re: Who is Ethereum's biggest competitor?
« Reply #107 on: April 19, 2024, 07:46:25 AM »

At the moment there is no worthy competitor to Bitcoin in the market just like I think there is no worthy competitor to Ethereum. Bitcoin has a very important position in the market whereas Ethereum has a single important position in the market. Just as there is a difference in popularity and value between Ethereum and Bitcoin, there is a significant difference in popularity and value between Ethereum and other coins in the market. But if the popularity and price difference is not equal then we cannot consider that coin as a worthy competitor to another coin. If BNB ever approaches Ethereum in value and popularity, BNB will surely be a worthy competitor to Ethereum.
If it is said that there is no worthy competitor to ethereum, it seems that bitcoin is above ethereum and ethereum is not a competitor to bitcoin because bitcoin is the king of crypto, that is clear. but if you say ethereum's closest competitors, in my opinion at the moment it is BNB and Solana. We'll see in the next 2 or 3 years what will happen

Offline dekafee79

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Re: Who is Ethereum's biggest competitor?
« Reply #108 on: April 20, 2024, 01:54:48 AM »

At the moment there is no worthy competitor to Bitcoin in the market just like I think there is no worthy competitor to Ethereum. Bitcoin has a very important position in the market whereas Ethereum has a single important position in the market. Just as there is a difference in popularity and value between Ethereum and Bitcoin, there is a significant difference in popularity and value between Ethereum and other coins in the market. But if the popularity and price difference is not equal then we cannot consider that coin as a worthy competitor to another coin. If BNB ever approaches Ethereum in value and popularity, BNB will surely be a worthy competitor to Ethereum.
If it is said that there is no worthy competitor to ethereum, it seems that bitcoin is above ethereum and ethereum is not a competitor to bitcoin because bitcoin is the king of crypto, that is clear. but if you say ethereum's closest competitors, in my opinion at the moment it is BNB and Solana. We'll see in the next 2 or 3 years what will happen
Actually, ethereum's closest competitors are BNB and Solana. In terms of technology, Solana has the most potential to beat ethereum because BNB only competes in terms of popularity and has little influence with technology because of centralis. The biggest opportunity is Solana, that's my opinion

Offline IvugeoEvolutionCoin

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Re: Who is Ethereum's biggest competitor?
« Reply #109 on: April 21, 2024, 09:38:28 AM »
Actually, ethereum's closest competitors are BNB and Solana. In terms of technology, Solana has the most potential to beat ethereum because BNB only competes in terms of popularity and has little influence with technology because of centralis. The biggest opportunity is Solana, that's my opinion
Solana does have the potential to beat the prices of Binance Smart Chain and Ethereum, but this all still requires quite a long process, Solana must continue to have very good development, to continue to get investors and provide support to Solana and increase Solana's trading volume.

Offline de_prof

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Re: Who is Ethereum's biggest competitor?
« Reply #110 on: April 24, 2024, 09:20:43 AM »
Actually, ethereum's closest competitors are BNB and Solana. In terms of technology, Solana has the most potential to beat ethereum because BNB only competes in terms of popularity and has little influence with technology because of centralis. The biggest opportunity is Solana, that's my opinion
Solana does have the potential to beat the prices of Binance Smart Chain and Ethereum, but this all still requires quite a long process, Solana must continue to have very good development, to continue to get investors and provide support to Solana and increase Solana's trading volume.
Solana is only 4 years old so it's natural that it can't surpass the popularity of BNB, let alone ethereum, which is an old coin. so everything needs a process to become more popular. and solana is developing in that direction, with network technology that can compete with ethereum and BNB,
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Offline pacar_tiri

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Re: Who is Ethereum's biggest competitor?
« Reply #111 on: April 26, 2024, 11:57:23 PM »
Solana is only 4 years old so it's natural that it can't surpass the popularity of BNB, let alone ethereum, which is an old coin. so everything needs a process to become more popular. and solana is developing in that direction, with network technology that can compete with ethereum and BNB,
With that age, and now it is very popular, this is a very good achievement for Solana and they must continue to improve the technology they want to develop and remain in their goal of being the network with the lowest transaction fees and having the highest speed compared to other networks.

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Re: Who is Ethereum's biggest competitor?
« Reply #111 on: April 26, 2024, 11:57:23 PM »


Offline DAMKAR

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Re: Who is Ethereum's biggest competitor?
« Reply #112 on: Today at 01:55:56 PM »
Solana is only 4 years old so it's natural that it can't surpass the popularity of BNB, let alone ethereum, which is an old coin. so everything needs a process to become more popular. and solana is developing in that direction, with network technology that can compete with ethereum and BNB,
With that age, and now it is very popular, this is a very good achievement for Solana and they must continue to improve the technology they want to develop and remain in their goal of being the network with the lowest transaction fees and having the highest speed compared to other networks.
I agree with you. At only 4 years old, Solana is already competing in the top 5 coins, this is quite a great achievement from the Solana team. By looking at this, if the team is consistent in improving the Solana project, competing in the top 3 is something that makes sense in the next few years.

 

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