Ethereum Price Now Targets $2,875 as Vitalik Buterin Responds to Cardano Founder with 800x Update
The post Ethereum Price Now Targets $2,875 as Vitalik Buterin Responds to Cardano Founder with 800x Update appeared on BitcoinEthereumNews.com. Ethereum price dips below $1,800 lagging behind Bitcoin to start the week, but Vitalik’s Layer-Zero update renews optimism for ETH’s long-term growth, after recent criticisms from Cardano Founder, Charles Hoskinson. Ethereum (ETH) Lags as Crypto Market Leans Towards Positive Start to the Week Ethereum (ETH) has opened the week on a weak footing, sliding 2.9% to $1,783.53 as broader crypto markets flashed mixed signals. Meanwhile Bitcoin (BTC) posted a strong 1% gain to reclaim $95,100. The current data shwos Ethereum lagged behind, extending a weekend correction that now sees ETH trading near the lower end of its 24-hour range between $1,782.07 and $1,848.73. Ethereum price action, April 28 | Coingecko Despite short-term dip, a closer look and mid-term price action shows bullish dominance as U.S. President Trump’s softened stance on tariffs. At the time of publication, CoinGecko data shows ETH’s weekly returns standing at +12.4%, compared to Bitcoin’s +10.6%. However, on the monthly view, ETH’s 6.0% gain trails BTC’s double-digit surge. This divergence reflects active capital rotation as trader leverage the volatile macro sentiment to execute short-term plays. Vitalik shares Layer-Zero Update after Charles Hoskinson’s criticism Notably, last week, Cardano founder Charles Hoskinson launched a scathing criticism of Ethereum, predicting that “Layer-2’s are sucking out all the alpha for ETH,” warning in a CNBC interview aired on April 17, that Ethereum “could collapse within 15 years” if the trend continues unchecked. Hoskinson’s remarks fueled debate across crypto media channels about Ethereum’s long-term viability, as Layer-2 networks like Arbitrum and Optimism increasingly capture user activity and fees. In an indirect but timely response, Ethereum co-founder Vitalik Buterin shared a major Layer-Zero scalability update on Sunday. Through his vitalik.eth account, Buterin reposted product launch documentation from LayerZero Labs and Succinct Labs, proposing a shift from the EVM (Ethereum Virtual Machine) to a…
The post Ethereum Price Now Targets $2,875 as Vitalik Buterin Responds to Cardano Founder with 800x Update appeared on BitcoinEthereumNews.com.
Ethereum price dips below $1,800 lagging behind Bitcoin to start the week, but Vitalik’s Layer-Zero update renews optimism for ETH’s long-term growth, after recent criticisms from Cardano Founder, Charles Hoskinson. Ethereum (ETH) Lags as Crypto Market Leans Towards Positive Start to the Week Ethereum (ETH) has opened the week on a weak footing, sliding 2.9% to $1,783.53 as broader crypto markets flashed mixed signals. Meanwhile Bitcoin (BTC) posted a strong 1% gain to reclaim $95,100. The current data shwos Ethereum lagged behind, extending a weekend correction that now sees ETH trading near the lower end of its 24-hour range between $1,782.07 and $1,848.73. Ethereum price action, April 28 | Coingecko Despite short-term dip, a closer look and mid-term price action shows bullish dominance as U.S. President Trump’s softened stance on tariffs. At the time of publication, CoinGecko data shows ETH’s weekly returns standing at +12.4%, compared to Bitcoin’s +10.6%. However, on the monthly view, ETH’s 6.0% gain trails BTC’s double-digit surge. This divergence reflects active capital rotation as trader leverage the volatile macro sentiment to execute short-term plays. Vitalik shares Layer-Zero Update after Charles Hoskinson’s criticism Notably, last week, Cardano founder Charles Hoskinson launched a scathing criticism of Ethereum, predicting that “Layer-2’s are sucking out all the alpha for ETH,” warning in a CNBC interview aired on April 17, that Ethereum “could collapse within 15 years” if the trend continues unchecked. Hoskinson’s remarks fueled debate across crypto media channels about Ethereum’s long-term viability, as Layer-2 networks like Arbitrum and Optimism increasingly capture user activity and fees. In an indirect but timely response, Ethereum co-founder Vitalik Buterin shared a major Layer-Zero scalability update on Sunday. Through his vitalik.eth account, Buterin reposted product launch documentation from LayerZero Labs and Succinct Labs, proposing a shift from the EVM (Ethereum Virtual Machine) to a…
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