Competitors are now Solana and BNB.
It is sad to think that bnb is an ethereum competitor
BNB is totally centralized and a copycat of ethereum. No innovation and full centralization...
I also checked that BNB is centralized and as far as I know, the Binance Smart Chain transaction fee can also be modified by Changpeng Zhao, CMIIW
But in terms of marketing and relationships, BNB is very successful and is able to create profits of thousands of percent, the initial price is just under 0.5 USD.
The price for BNB now on the market has exceeded 300 USD, even the All Time High is above 600 USD. Personally, in my opinion, BNB is
"still worthy" of being a superior competitor to Ethereum as long as it doesn't collapse like FTX.