The Biggest Advantage of Ethereum Is Its Stability

Since its launch, Ethereum ($ETH) has never experienced a network-wide outage. This is a significant difference compared to many other blockchains.
Solana ($SOL) has experienced multiple network outages. Sui ($SUI) has had issues and needed mitigation measures to restore trust. Avalanche ($AVAX) has an advantage with its subnet model but does not create a clear difference in stability. Polkadot ($DOT) and Aptos ($APT) have also experienced technical issues.
In the decentralized finance market, especially when large capital flows and organizations participate, stability is not just a plus — it is a prerequisite.
Performance Is Not Everything
Many people often use TPS (transactions per second) or throughput as the main measure of a blockchain’s value. However, these are only technical indicators, not the decisive factor for long-term value.
For example, Somnia is promoted with a very high theoretical TPS, but the TVL (total value locked) remains low. The reason is not speed, but ecosystem and trustworthiness.
A blockchain can be fast, but if it lacks an ecosystem, practical applications, and stability, it will be difficult to attract long-term capital flows.
The Gas Puzzle and Layer 2
Ethereum is also not perfect. High gas fees are one of the biggest limitations. To address this, the ecosystem is developing strong Layer 2 solutions.
However, Layer 2 currently mainly follows two directions:
Off-chain computation, on-chain verification.
The optimistic mechanism (optimistic) assumes validity and only checks during disputes.
Both models are still debated within the community. Therefore, Vitalik Buterin has repeatedly emphasized that Layer 2 is an extension (scaling), not separate from Ethereum.
Stability Decides Price, Ecosystem Decides Value
It can be summarized with a formula:
Stability → Basic valuation platform
Ecosystem → Growth driver of value
Technical performance → Supporting factor
If a blockchain is unstable, all stories about AI or RWA become meaningless.
RWA Is the Future, but DEX Is the Present
RWA (Real World Assets) is seen as a long-term trend, but in the short term, DEX remains the core piece of capital flow.
Whether it’s AI or RWA, when implemented on blockchain, the minimum requirement is: the network must be stable.
10-Year Perspective
Currently, the market is volatile and painful. But from a 10-year perspective, we may realize that Ethereum’s value is not just in speed or cost, but in reliability and continuous operation.
In the world of finance, trust is built through stability. And that may be Ethereum’s greatest advantage.