I think, of course, everyone is still very optimistic that ethereum is the best altcoin and in time it will be able to move up again. Indeed, at this time, it seems that all altcoins are experiencing a correction period, although some can increase in situations like this.
But I am very unsure, as you said, whether ethereum will be replaced. It will remain the best. It has not been thought that there will be an altcoin that can replace it.
Altcoin is still strong in second place, but it looks like XRP and Solana will compete closely with Ethereum in the future, and it is possible that they will be replaced if Ethereum dev does not improve their project and think of the right strategy to maintain their position.
I don't see could as their attempt to be able to shift Ethereum, because it is certain that Ethereum is also always improving to make improvements and innovations for its users, and I do not believe until now that what you said will be realized properly, because it is not easy to do and very difficult, even though there is always a possibility that can happen.
ethereum dev must have a way to fix their project so that it is not displaced by other coins, although until today we have not seen it.
but ethereum is still a strong coin and the second largest after bitcoin, it has lasted a long time. Currently many competitors are starting to approach it, but it seems that it still takes time to be able to overtake ethereum. XRP and Solanan are the most likely, we will just run for the next few years.
They will certainly always be able to fix it, because if not everything will have an impact on themselves and, of course, it is not desirable. If it shifts as you estimate, BNB has actually wanted to do that for a long time, but because they are very good and can always perform well, it hasn't been done until now.
As well as others like XRP and SOL, who will also have difficulties.
I think you could be right, that it takes time to be able to overtake because right now it may be difficult to do they are still too strong.
Eth is in a real struggle as its real value may not be $5000 or $4000 or $3000 or even $2000
for what it does it can be replaced by Solana and Solana can be replace by ETHSOL (my new name)
a fee of 0.0001 coin
sucks if the coin is 5000 usd
so eth is now 2340 and the fee is $2.34 if you pay 0.0001 to move something
but wait Solana is 145 so 0.0001 is 14.5 cents
so eth is 15x the price to move a token or do a contract.
how do we fix this. market pressure lowers eth price to make it bearable.
btw if eth goes to 5k and Solana goes to 1k
making fees high for both new clone say ETHSOL comes out at about 50 bucks a coin. so 0.0001 is only 5 cent fee.
and if the new coin is launched with gpu mining and an asic resistant algo both eth and Solana are eff'd
So how does Eth right its ship.
DON't know I think they sink .