Vitalik Buterin Unveils Ethereum L1 Privacy Roadmap to Enhance On-Chain Confidentiality
Ethereum co-founder Vitalik Buterin has proposed a comprehensive Layer 1 privacy roadmap aimed at scaling network confidentiality without modifying consensus. The plan emphasizes integrating privacy tools, anonymizing transactions, and enhancing wallet-level shielding—marking a pivotal step toward mainstream adoption of private on-chain activity.
Vitalik Buterin Proposes Ethereum L1 Privacy Roadmap
Ethereum co-founder Vitalik Buterin has shared a roadmap to scale the network’s privacy without altering the consensus. The Layer 1 privacy plan focuses on privacy and on-chain payments, network-level anonymization, RPC calls, and partial anonymization of on-chain activity. The first step involves integrating privacy tools like Railgun Pools into wallets, allowing all wallets to have a shielded balance rather than creating a separate privacy address. This development comes amid growing competition in the blockchain space, which continues to evolve toward a seamless user experience.
Ethereum Signals 20% Upside as Whales Show Renewed Confidence
A new wallet acquired 9,610 ETH worth $14.54M, signaling strong confidence in Ethereum’s future. Additionally, “7 Siblings” converted 1,611 MKR into 1,364 ETH (~$2M), indicating belief in price appreciation. Dormancy flow below 1M suggests ETH is undervalued, with a breakout target set at $1,835. Ethereum is currently trading above $1,500 as renewed interest appears across the market. Large investors are showing a growing level of confidence in Ethereum’s future direction, even as the broader crypto market remains cautious.
Ethereum Price Prediction: Final Shakeout Before $5,000 Rally?
Ethereum price is attempting to stabilize after dipping below $1,600, with long-term holders entering capitulation territory. A spike in user activity and on-chain whale movement suggests a significant shift. Analysts believe Ethereum price could be approaching a turning point. Crypto analyst CryptoELITES has projected a bullish roadmap, forecasting a $5,000 price target by May 2025, highlighting a historical accumulation pattern followed by a steep expansion phase. Ethereum has rebounded multiple times near the $1,800 support, forming a strong foundation.
SEC Clears William Hinman in Ethereum Conflict Probe, But Critics Remain Unconvinced
After a long legal fight, Empower Oversight received a report from the SEC’s Office of Inspector General investigating whether former SEC official William Hinman had a conflict of interest when he stated that Ethereum was not a security. At the time, Hinman was still getting payments from his former law firm, Simpson Thacher, which represented Ethereum. In May 2022, Empower Oversight asked the OIG to investigate Hinman’s financial relationship with Simpson Thacher. The report cleared Hinman of any conflict of interest, but critics remain unconvinced.