Huge ETH Update Incoming: Why Vitalik Plan Could Send Prices Past $3K
Vitalik Buterin, co-founder of Ethereum, has announced a plan to increase Ethereum Layer 1 capacity by 10 times in the year ahead, while maintaining decentralization. The plan was revealed by Buterin during his keynote at ETHGlobal Prague, focusing on gradual, reliable upgrades to Ethereum’s fundamental structure. Vitalik Buterin emphasized the importance of scaling Ethereum…
Vitalik Buterin, co-founder of Ethereum, has announced a plan to increase Ethereum Layer 1 capacity by 10 times in the year ahead, while maintaining decentralization. The plan was revealed by Buterin during his keynote at ETHGlobal Prague, focusing on gradual, reliable upgrades to Ethereum’s fundamental structure. Vitalik Buterin mentioned that scaling Ethereum will take place over the next 12 to 18 months to ensure the network’s resilience to censorship and privacy support. Ethereum Plans Major Upgrades to EVM Functionality Vitalik Buterin emphasized the need for scaling Ethereum in a cautious manner to preserve its unique features. Improving stateless nodes and enhancing the Ethereum Virtual Machine (EVM) are key aspects of the strategy. Stateless nodes would require less hardware, encouraging wider participation in network validation. Upgrading the EVM aims to optimize the execution of smart contracts on the blockchain. Ethereum Prioritizes Security Over Rapid Expansion Buterin’s measured approach contrasts with the proposal of Ethereum researcher Dankrad Feist, who advocates scaling Ethereum’s L1 by 100x over the next five years. Vitalik Buterin argues that rapid scaling could introduce vulnerabilities that compromise Ethereum’s security and decentralization. While Ethereum experienced reduced activity and a price decline in Q1 2025, indications suggest growing corporate confidence in the network. SharpLink Gaming, for instance, has invested billions in ETH using strategies like BTSC and ETFs, signaling increasing corporate interest in ETH for the long term. Ethereum Maintains Equilibrium With Decentralized Vision Market analysts speculate that this growing confidence may be attributed to anticipation surrounding the forthcoming upgrade. With the rollout of scaling solutions and enhanced investor trust, many anticipate Ethereum’s price surpassing $3,000. Vitalik Buterin is committed to ensuring that new developments align with Ethereum’s democratic principles. To preserve its position as a leading decentralized platform, Ethereum seeks to enhance the network through community-led incremental changes before external influences take hold. Vitalik Buterin stressed that scaling is not just about transaction speed but also about expanding community participation securely. As Ethereum undergoes a critical phase of growth, Vitalik Buterin demonstrates his dedication to fostering progress without compromising decentralization or user confidence. The community eagerly awaits the next stages of Ethereum’s evolution.
Conclusion
As Ethereum embarks on a pivotal phase, Vitalik Buterin’s ambitious yet cautious scaling roadmap aims to fortify the network without sacrificing its core tenets. By prioritizing efficiency, decentralization, and trust, the platform seeks to reignite interest in Ethereum and reclaim its status as the premier decentralized blockchain.
