$ETH .

Although Ethereum is a very secure and widely used blockchain, the report warns that Solana and BNB Smart Chain are gaining ground in decentralized exchange (DEX) volumes and fees due to faster speeds and lower costs. Scalability improvements and ease of use

Binance attributes this trend to the current limitations faced by Ethereum, including high fees, slow transaction speeds, a fragmented developer ecosystem, and low liquidity. The emergence of layer two (L2) networks has also partially contributed to the decline in the acquisition value of its core layer, further weakening the network's overall position.