It's not market dominance, but market cap dominance. Stop paying attention to such worthless metric. It's meaningless in every shape or form with supply manipulation and ICO's constantly popping up out of nowhere.
Even right now that 40% figure isn't accurate. XRP doesn't have a $21 billion market cap, but $53 billion, which is higher than Ethereum. It perfectly displays supply manipulation, and the fact that CMC and other sites only fetches data from the circulating supply, which is false. It was last year where a coin popped up and had a $1000 billion total market cap, and that with only a 24H volume of $6000 lol. Ignore all these noob sites.
Bitcoin and Ethereum are the only ones with an actual major market share, and a well developed ecosystem around them, which are the only aspects that matter in market terms.
This.
So fucking true.
It's not that other coins aren't interesting or promising or whatever...
Sure coins like XRP are cool and might get big one day but it's delusional to believe that it's something safe and secure.
The only completely developped coins are bitcoin and ETH.
That's it. Nothing more.
I would agree about Ethereum if it could scale out instead of scaling in. Its developers made design decisions that might be bad by making the miners decide what the gas limits are. That might isolate some nodes from syncing with the rest of the network if blocks become too high.
