Ethereum’s exploration of RISC-V as a replacement for the EVM is part of a broader strategic effort to enhance Layer 1 throughput and stay competitive with high-performance blockchains like Solana and Sui.

Quotes that support claims

The proposal highlights the Ethereum network's struggle to improve throughput and remain competitive with next-generation monolithic blockchains such as Solana and the Sui networks.

Ethereum co-founder Vitalik Buterin continues to propose ideas to make the smart contract blockchain more competitive with high-throughput chains.