New cryptocurrency projects using smart contract technology pose moderate competitive pressure on Ethereum. While they may attract niche investors, Ethereum’s established ecosystem, developer base, and DeFi dominance provide a 护城河 (moat). To maintain price advantage, Ethereum can innovate through upgrades like Ethereum 2.0 (reducing fees/scaling), fostering layer 2 solutions, and enhancing security. Continuous development of DeFi, NFTs, and enterprise use cases also strengthens its utility and demand, mitigating direct price competition from newcomers.
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Solana attracts investors with its high - speed technology, processing thousands of transactions per second. Its proof - of - stake consensus reduces energy consumption. But risks exist, like network outages and security vulnerabilities. Despite these, its vibrant ecosystem with many DeFi and NFT projects offsets risks. A balanced view shows Solana's high - growth potential with manageable risks.
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I'm a Speculator-Pragmatist (3.0, 3.0) on the Onchain Alignment Chart! Check out your position:
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