Ethereum

Happy

2024

Merge

<p>The post <a href="https://coinpedia.org/news/happy-birthday-ethereum-vitalik-buterin-reveals-major-predictions-on-ethereums-9th-birthday/">Happy Birthday Ethereum! Vitalik Buterin Reveals Major Predictions on Ethereum’s 9th Birthday!!</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>Vitalik Buterin, co-founder and core developer of the Ethereum (ETH) network, is leading the celebration of Ethereum’s ninth anniversary. In a recent post on X, Buterin expressed his excitement for the future.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">Happy 9th birthday, Ethereum!<br><br>Looking forward to seeing what the next decade brings. <a href="https://t.co/bXq56mIff7">pic.twitter.com/bXq56mIff7</a></p>— vitalik.eth (@VitalikButerin) <a href="https://twitter.com/VitalikButerin/status/1818146456550961620?ref_src=twsrc%5Etfw">July 30, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p>Buterin will also be speaking at the EDCON 2024 conference in Tokyo today. His keynote, titled “The Next 10 Years of Ethereum,” will focus on Ethereum’s role as a major global asset.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"> Don't miss <a href="https://twitter.com/VitalikButerin?ref_src=twsrc%5Etfw">@VitalikButerin</a>'s Keynote on <br>"The Next 10 Years of Ethereum" at 4:20PM TODAY!<img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f310.png" alt="🌐" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/2728.png" alt="✨" class="wp-smiley" style="height: 1em; max-height: 1em;"><br>Join <a href="https://twitter.com/hashtag/EDCON2024?src=hash&amp;ref_src=twsrc%5Etfw">#EDCON2024</a> for MAIN EVENT!<img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f389.png" alt="🎉" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4c5.png" alt="📅" class="wp-smiley" style="height: 1em; max-height: 1em;"> TODAY, July 30 | <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/23f0.png" alt="⏰" class="wp-smiley" style="height: 1em; max-height: 1em;"> 10 AM – 9 PM<br><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4cd.png" alt="📍" class="wp-smiley" style="height: 1em; max-height: 1em;"> Yoyogi 1st Gymnasium<br><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f39f.png" alt="🎟" class="wp-smiley" style="height: 1em; max-height: 1em;"> Tickets: <a href="https://t.co/vgaWsUjVRz">https://t.co/vgaWsUjVRz</a><br><br><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4fa.png" alt="📺" class="wp-smiley" style="height: 1em; max-height: 1em;"> Live Stream: <a href="https://t.co/GY7Ms3vbe0">https://t.co/GY7Ms3vbe0</a><a href="https://twitter.com/hashtag/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw">#Ethereum</a> <a href="https://t.co/wrj4lUGeJA">pic.twitter.com/wrj4lUGeJA</a></p>— EDCON (@EDCON2024) <a href="https://twitter.com/EDCON2024/status/1818108378947998206?ref_src=twsrc%5Etfw">July 30, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<h2 class="wp-block-heading" id="h-from-smart-contracts-to-a-web3-powerhouse">From Smart Contracts to a Web3 Powerhouse</h2> 
<p>Since introducing smart contracts, Ethereum has become a key player in the Web3 space, drawing significant interest from both institutional investors and retail traders around the world.</p> 
<p>Initially, Ethereum used a proof-of-work consensus mechanism like Bitcoin. However, the successful Merge event transitioned Ethereum to a proof-of-stake (PoS) system, improving its efficiency and security.</p> 
<p>Today, more than 35 million Ether are staked to help secure the network, highlighting Ethereum’s commitment to strong security.&nbsp;</p> 
<p><strong>Ongoing Upgrades and Innovations</strong></p> 
<p>Ethereum has seen several important upgrades, including the London hard fork and the recent Dencun upgrade. These improvements have contributed to Ethereum’s status as “ultra-sound money,” thanks to its deflationary characteristics.</p> 
<h2 class="wp-block-heading" id="h-ether-price-action">Ether Price Action</h2> 
<p>A major achievement in Ethereum’s first decade has been the approval of spot Ethereum ETFs in various regions, especially in the United States.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a> Price on Ethereum's Birthday <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f382.png" alt="🎂" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br>2024: $3,319<br>2023: $1,881<br>2022: $1,739<br>2021: $2,383<br>2020: $318<br>2019: $211<br>2018: $466<br>2017: $197<br>2016: $13</p>— CoinGecko (@coingecko) <a href="https://twitter.com/coingecko/status/1818180716758446568?ref_src=twsrc%5Etfw">July 30, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p>Over the past nine years, Ethereum’s price has skyrocketed from about 43 cents to around $3,336, representing a staggering growth of more than 770,000 percent. This increase is largely due to the growing adoption of Web3 technologies and digital assets.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">The first scenario stands for <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a>.<br><br>Price consolidated at $3,100 and bounced back upwards.<br><br>If the outflows are stagnating during this week, then I'm assuming we'll be seeing a break above $3,500 and a rally to $3,800-4,000. <a href="https://t.co/rwFgDHRSOO">pic.twitter.com/rwFgDHRSOO</a></p>— Michaël van de Poppe (@CryptoMichNL) <a href="https://twitter.com/CryptoMichNL/status/1817892831396032580?ref_src=twsrc%5Etfw">July 29, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p>Looking ahead, Ethereum’s price is expected to stay within its current range before potentially reaching new highs. However, with August likely to be a volatile month for the crypto market due to the upcoming FOMC statement, analyst Michaël van de Poppe predicts that Ethereum’s price could fall to $2,563 if the support level around $3,136 does not hold.</p> 
<p><strong>Ethereum’s journey is far from over. The next decade promises to be even more groundbreaking!</strong></p>

Happy Birthday Ethereum! Vitalik Buterin Reveals Major Predictions on Ethereum’s 9th Birthday!!

Table of Contents

CoinPedia News

Other articles published on Jul 30, 2024

New Memecoin Pepe Eats Solana (PEPEATS) Will Hit $20 Million Before Exchange Listings, As SHIB an...

Meme Coins Fuel Solana’s Rise, Overtaking Ethereum in Fee Revenue

BlackRock Predicts Crypto-Backed ETFs Will Enter Model Portfolios by Late 2024

The List of Highest Profiting Altcoins Has Been Announced: This Altcoin Surpassed Ethereum and So...

Upcoming Crypto for 10x Explosive Growth

XRP price could have a ‘mega breakout’ soon, analyst says

Join our free newsletter for daily crypto updates!