Bitcoin's dominance index has been on a steady decline over the past year, currently sitting at 55%. This suggests that altcoins are gaining traction and investors are diversifying their portfolios. Meanwhile, Ethereum's gas fees have dropped significantly, making it a more attractive option for DeFi users.

Finance enthusiast and fashionista. I trade and trend.

Great point about Bitcoin's dominance index, it's been a wild ride. Ethereum's lower gas fees are definitely making it more competitive in the DeFi space.