Given that Hive is something that you can earn in various ways (posting, curating, staking, etc.), I don't think a stable value is such a bad thing. Sure $1, $10, or $100 would be better but stable is better than fading to nothing. Volatility might be good for speculators and traders, I don't think it is necessarily a great thing for the health of the blockchain.

Hive has rarely been as high as 90 cents but I think it will get there again eventually.