Is Avalanche an ETH competitor?

Is Avalanche truly a formidable competitor to ETH? Given its claims of resolving key issues like high fees and sluggish networks, Avalanche certainly seems poised to challenge the Ethereum giant. Its promise of 4,500 transactions per second, compared to ETH's mere 14, is an impressive statistic. But are these merely numbers, or does Avalanche possess the depth and breadth of technology to truly make a lasting impact? Moreover, with the looming presence of ETH 2.0, does Avalanche still stand a chance? It's not just Avalanche, but other competitors like Polkadot and Cardano that are also making waves. So, the question remains: Is Avalanche just another flash in the pan, or can it truly solidify its position as a leading ETH competitor?