SOL300? Is ETH 4000's status hard to maintain?
Yesterday, Ethereum celebrated its tenth birthday, with congratulations pouring in from around the world.
Over the past ten years, Ethereum has faced numerous doubts and challenges and was initially not well-regarded. Fortunately, thanks to the bold investments from Dr. Xiao Feng in Shanghai and Wanxiang Group, Ethereum has been able to thrive.
Today, Ethereum has become a leader in the decentralized space, and its status as a supercomputer cannot be overlooked.
In the face of claims that "Ethereum will be surpassed by SOL," I remain cautious. Such assertions are mostly based on the short-term price increase of SOL rather than a comprehensive evaluation.
If you invested in SOL when its price was low and successfully cashed out at a high price, that is indeed commendable. But if you are merely following the trend due to SOL's rise without understanding its market dynamics, then you should proceed with caution.
In terms of security and stability, Ethereum's performance is something SOL cannot match. An excellent blockchain system must have the capability to withstand hacker attacks and operate stably, just like computer or mobile systems. Since its inception, Ethereum has never paused its services or undergone maintenance, which is enough to prove its outstanding performance.
In contrast, SOL often suffers from hacker attacks and outages. This is also why many Wall Street institutions and major global organizations choose the Ethereum network for tokenizing stocks.
At the same time, the vast majority of stablecoins also choose to mint on the Ethereum network, further highlighting Ethereum's consensus, strength, and potential.
Of course, some may ask, if Ethereum is so excellent, why does it underperform SOL at certain times? What I want to say is that, during a bull market, short-term performance does not determine the outcome. Bull markets are often accompanied by many traps aimed at disrupting retail investors' judgment.
When retail investors flock to SOL, Ethereum can instead proceed with less burden and accelerate its progress. And once too many retail investors are in SOL, its upward momentum will weaken.
"If you are still underwater, unable to see the overall market situation, and always in a state of loss, come find me, leave a message 888, and I will bring you to shore."