Ethereum (ETH) has long been the leader among altcoins, known for its robust hosting of decentralized applications (dApps) and smart contracts. This foundation has enabled Ethereum to spearhead the growth of Decentralized finance (DeFi), further solidifying its position.
However, competitors like Solana (SOL) are emerging with rapid advancements. Solana offers faster transaction speeds and lower costs, characteristics that are attractive to developers and users alike.
The landscape of altcoins is continuously evolving, and while Ethereum enjoys its current dominance, the competition underscores the dynamic nature of the cryptocurrency arena.
