According to Tetranode, there is a lack of a 'culture of winning' in the blockchain space, but it does not affect blockchain competition. This suggests that the competitive landscape remains robust despite cultural challenges. Traders might consider focusing on projects with strong competitive strategies as they are likely to perform better in the market. Source: Twitter.

According to Miles Deutscher, Ethereum's transaction fees have recently hit a 4-year low, highlighting the increasing competition from alternative blockchains that offer scalable transaction capabilities. This trend, as Deutscher notes, is unlikely to reverse permanently given the reliability of these alternatives. However, he suggests that use cases such as Real World Assets (RWA) and tokenization could potentially generate new value streams for Ethereum, which traders should monitor closely.