$ETH Has Ethereum already lost popularity to NOKIA?
April 13, 2025
Has Ethereum already lost popularity to NOKIA?
If I were a newcomer to cryptocurrency, I would believe this comparison and the chart scheme, but Ethereum (ETH) has no competitors in terms of the following features:
✔️The most secure blockchain for smart contracts
✔️EVM (Ethereum Virtual Machine) is the single, universal blockchain language
✔️Most DeFi, NFT, GameFi, and other narrative crypto projects are built on Ethereum
✔️After transitioning to the PoS algorithm, to hack it you need to control 51% of the stake, which means the likelihood of hacking is very low as long as the community supports it
✔️TVL (Total Value Locked) is N1 in terms of the value of assets locked in the blockchain.
What are the advantages of the most secure blockchain for smart contracts?
If we look at the hacks of 2024–2025, we see that most blockchains were hacked through smart contracts, and the scale of the hacks is very large: PlayDapp (PDA) – 290 million dollars, SHIDO – 50 million dollars, Radiant Capital (RDNT) – 58 million dollars. This has significantly slowed down the development of blockchains, and there are alternative Ethereum smart contract blockchains.