Vitalik Buterin Advocates for Stronger Ethereum L1 Integration in L2 Development
Ethereum co-founder Vitalik Buterin has called for a more streamlined approach to Layer 2 (L2) development, emphasizing the need to rely more on Ethereum's Layer 1 (L1) capabilities. In a recent post on X, Buterin highlighted the importance of leveraging L1's inherent strengths—such as security, censorship resistance, and data availability—while simplifying L2s to focus on their core functions: sequencing and proving. This approach aims to enhance efficiency and scalability while maintaining the robust security and decentralization that ethereum is known for. Buterin's vision underscores the growing importance of interoperability and synergy between L1 and L2 solutions as the Ethereum ecosystem continues to evolve. His insights come at a critical time as the blockchain industry seeks sustainable solutions for scaling and improving network performance without compromising on core principles.
Ethereum L2s Should Rely More on L1, Says Vitalik Buterin
Ethereum co-founder Vitalik Buterin advocates for a streamlined approach to LAYER 2 (L2) development, emphasizing greater reliance on Ethereum's Layer 1 (L1) capabilities. In a recent post on X, Buterin urged developers to leverage L1's inherent strengths—security, censorship resistance, and data availability—while reducing L2s to their core functions: sequencing and proving.
"The best way to build an L2 is to lean into the L1's offerings," Buterin wrote, suggesting that L2s should act primarily as sequencers and provers. This design philosophy aims to merge efficiency with trust, a goal that eluded enterprise blockchains in the 2010s but now appears achievable within Ethereum's evolving ecosystem.
Buterin's vision simplifies L2 architecture by offloading heavy lifting to L1, allowing Layer 2 solutions to focus on scalability without compromising decentralization. "If based, just a prover," he added, underscoring the potential minimalism of future L2 designs.
Ethereum Bulls Take Control—Is $4,800 the Next Target for ETH?
Ethereum's recent surge has ignited speculation about its next major price milestone. Trading between $2,600 and $3,100, ETH has gained nearly 18% in the past week, with technical indicators suggesting further upside potential. The 10-day and 100-day moving averages converge around $3,000, signaling stability, while an RSI above 60 leaves room for additional gains.
A breakout above the $3,300 resistance level could propel Ethereum toward $3,900—a 23% upside—provided it maintains support above $2,300. Market participants are watching closely as bullish momentum builds, with some analysts eyeing longer-term targets near $4,800.
Outset PR, led by crypto communications specialist Mike Ermolaev, highlights Ethereum's technical setup alongside other altcoins showing growth potential. The firm's data-driven approach to crypto PR mirrors the precision traders seek in market analysis.
$13.5B in ETH Burned, But Why Is Ethereum’s Supply Still Growing?
Ethereum’s much-touted deflationary mechanism has burned $13.5 billion worth of ETH since 2021, yet the network’s supply continues to expand. The disconnect between expectations and reality raises questions about the efficacy of Ethereum’s economic model post-London upgrade.
Over 4.6 million ETH have been destroyed through EIP-1559’s fee-burning mechanism, averaging 2.22 ETH burned per minute. Major contributors include routine transactions, OpenSea NFT trades, Uniswap V2 swaps, and USDT transfers. Despite this aggressive burn rate, Ethereum maintains a 0.801% annual inflation rate—comparable to Bitcoin’s, but far from the deflationary promise that fueled investor enthusiasm.
The system’s design ties supply dynamics directly to network activity. Deflation remains possible during periods of high congestion, but isn’t structurally guaranteed. This volatility in monetary policy contrasts sharply with Bitcoin’s predictable issuance schedule, presenting both challenges and opportunities for ETH’s long-term valuation thesis.
Risc Zero’s 'Boundless' Incentivized Testnet Launches on Base
RISC Zero's decentralized zero-knowledge compute marketplace, Boundless, has gone live with its incentivized testnet—dubbed 'Mainnet Beta'—on Base, Coinbase's Ethereum layer-2 network. The platform allows developers to build and test applications in a simulated live environment, with early backing from the Ethereum Foundation, Wormhole, and EigenLayer.
Boundless operates as a decentralized marketplace for zero-knowledge proofs, connecting developers of rollups, bridges, and privacy-focused applications with a distributed network of independent ZK provers. The Proof of Verifiable Work (PoVW) consensus mechanism rewards participants with high-performance GPUs for contributing computational power, eliminating reliance on centralized entities.
Zero-knowledge technology, critical for scaling and privacy in blockchain, enables transaction validation without exposing sensitive data. The launch underscores growing institutional interest in ZK infrastructure as Ethereum's ecosystem expands.
Vitalik Buterin: Ethereum Is Ready for the Quantum Era
Vitalik Buterin, Ethereum's co-founder, dismisses quantum computing as an existential threat to blockchain technology. His analysis, grounded in aggregated forecasts from platforms like Metaculus, places the earliest viable quantum attack window between 2030 and 2035. Ethereum's development community is already prototyping post-quantum cryptographic solutions—a proactive stance that contrasts with industry alarmism.
A native zkEVM integration into Ethereum's Layer 1 is underway, simultaneously addressing scalability and quantum resistance. Buterin's commentary during the Epicenter podcast highlighted the gap between scientific progress and speculative hype—a recurring theme in blockchain's maturation narrative.
SharpLink Gaming Bets Big on Ethereum with $213 Million Purchase
SharpLink Gaming has redrawn the corporate treasury playbook with a $213 million Ethereum acquisition, signaling a strategic shift toward yield-generating crypto assets. The Minneapolis-based iGaming giant purchased 74,656 ETH between July 7-13 at an average price of $2,852, bringing its total holdings to 280,706 ETH—the largest corporate stash of Ethereum worldwide.
Nearly all of SharpLink's ETH is staked, earning 415 ETH since June 2. The MOVE follows a $413 million equity raise, with $257 million remaining for additional purchases. This positions Ethereum not just as a store of value, but as an income-producing asset—a stark contrast to traditional treasury strategies.