Ethereum has a strong connection with decentralized finance (DeFi) and the metaverse, which are two of the hottest trends in crypto
Ethereum faces competition from other layer 1 blockchains that offer faster and cheaper transactions, such as Solana, Avalanche and Fantom
Ethereum has a diverse ecosystem of tokens that run on its network, such as stablecoins, utility tokens and non-fungible tokens (NFTs)
Ethereum has several scaling solutions that aim to reduce congestion and fees on its network, such as layer 2 protocols and sidechains