Can ICP Compete with Ethereum and Solana?
Detail Comparison in the image.
The biggest competitors to ICP are Ethereum and Solana, which dominate the smart contract and DeFi ecosystem. However, ICP has some advantages that make it a strong contender:
While Solana is currently faster, ICP offers better decentralization and scalability. Compared to Ethereum, ICP’s smart contracts (Canisters) provide higher efficiency, lower costs, and greater functionality.