@utopialp44
Competitive Landscape of Layer 1 Blockchains (e.g., SOL, AVAX)
Layer 1 blockchains like Solana (SOL) and Avalanche (AVAX) compete fiercely by offering faster transactions and lower fees compared to Ethereum. However, Ethereum's dominance in DeFi and NFTs remains strong. The competition will likely intensify as scalability and interoperability become critical factors, with newer entrants aiming to capture market share.
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