The post Ethereum Is Like a Shark. If It Stops Moving, It Will Die appeared com. The Fusaka upgrade to Ethereum, expected to go live in early December, promises to bring the world’s second-most valuable blockchain into an era of institutional-grade adoption. For far too long, Ethereum has been too slow and too costly to attract meaningful Wall Street business. That could change as Fusaka implements major improvements to how the network verifies and compresses data, increasing its speed and its capacity by 10-fold. Yet it won’t be easy for Ethereum to maintain its lead among developers as the preferred chain to build on; continued evolution will be essential for Ethereum to preserve its existing edge as a platform for on-chain finance. Ethereum remains the preferred platform among institutions for asset tokenization, DeFi apps and stablecoin creation, based on strengths that come from its maturity. However, it faces threats that will erode its edge if it doesn’t move to meet the market: like a shark, if Ethereum stops moving, it will die. Strength: Ethereum uptime Solana has never quite eclipsed Ethereum, however. A major reason for that may be that over the past five years, Solana, as a blockchain system, has gone dark seven times. Ethereum, as the chief investment officer of Fundstart Capital, Thomas Lee said in August, has never crashed in its 10-year existence. Uptime is prized by financial institutions; it isn’t sexy, but it’s one of the core attributes that make on-chain infrastructure attractive to market participants. Strength: Ethereum ecosystem maturity Another unsexy quality institutions will demand: availability and maturity of developer tooling and talent. While Solana attracted the most new developers of any chain last year, Ethereum’s Solidity has the largest developer community, by a wide margin, a lead recently confirmed in a16z’s State of Crypto report. Risk: Ethereum scaling An ongoing issue that’s hurt Ethereum is the pace at which it’s.
