🚀 Ethereum's L1 dominance is under scrutiny as Solana gains traction! The ETH/BTC ratio has hit a multi-year low of 0.022, reflecting Ethereum's slipping performance against Bitcoin. Ethereum's total value locked has dropped, while Solana's share has surged. High gas fees and scalability issues persist, despite improvements. Ethereum's market dominance is at its lowest in 4 years, with capital flowing to alternatives like Bitcoin and Solana. Is Ethereum losing its edge? Share your thoughts in the comments! 📉