Bitcoin's Market Dominance: Bitcoin maintains a strong position in the cryptocurrency market, with its unique characteristics such as decentralization, limited supply, and network effects making it difficult for altcoins like Ethereum and XRP to compete.
Utility vs. Value Proposition: While altcoins focus on utility for specific functions, Bitcoin's foundational elements ensure its market solidity, suggesting that even with advancements in blockchain technology, Bitcoin will remain dominant over utility-based altcoins.
