#BinanceSafetyInsights Are Ethereum (ETH) still strong enough to dominate the market?

Since its launch in 2015, Ethereum has proven to be not just a digital currency, but a comprehensive system supporting smart contracts, DeFi, and NFTs.

But with increasing competition from networks like Solana and Avalanche, is ETH still the leader?

Key strengths:

Strong support for developers and projects.

Successful transition to Ethereum 2.0 (shift to proof of stake).

Significant improvement in energy efficiency and a 99.9% reduction in emissions.

Challenges:

High gas fees during certain periods.

Delays in implementing some updates compared to competitors.

Do you think ETH will remain number 2 in the market? Or is there a cryptocurrency that will take its place?