$ETH

Why $ETH Still Dominates the Layer-1 Landscape

Ethereum ($ETH) continues to maintain its dominance as the leading smart contract platform despite the emergence of newer, faster blockchains. The biggest reason? Its massive developer ecosystem and network effects.

With the successful implementation of the Merge and transition to Proof-of-Stake, $ETH has become more energy-efficient and scalable. Moreover, Layer-2 solutions like Arbitrum and Optimism have helped offload congestion, lowering gas fees and boosting transaction speeds.

Decentralized finance (DeFi), NFTs, and DAOs are still heavily built on Ethereum, showing its staying power. Even institutions exploring tokenization are choosing Ethereum for pilot projects. Despite competition, $ETH’s momentum makes it a vital asset in any crypto portfolio.