Ethereum faces intensifying competition as Solana and other layer-1s erode market dominance

3-5-2025 – The battle for supremacy among layer-1 (L1) blockchains is intensifying, with Ethereum’s once-iron grip on the Web3 arena loosening. Alex Svanevik, head of data analytics firm Nansen, told attendees that Ethereum’s unchallenged dominance, which seemed assured just a few years ago, is now a relic of the past as rival platforms vie for [. . source: https://www.cointrackdaily.com/ethereum-faces-intensifying-competition-as-solana-and-other-layer-1s-erode-market-dominance/