Today Cointelegraph, a popular crypto news website, published an image featuring Vitalik Buterin, the co-founder of Ethereum, and a girl both wearing cartoonish caps on X (formerly Twitter). Speculations are rife that this girl is Buterin’s girlfriend, leading to predictions that Buterin might pump Ethereum’s price to $10,000 in response to his newfound relationship status.
Spot Ethereum ETFs Fuel Capital Inflow
Adding fuel to the fire, multiple Ethereum spot ETF products started trading on U.S. exchanges just ten days ago. These ETFs have significantly boosted the Ethereum ecosystem, attracting substantial capital inflows. On their first day of trading, these ETFs netted an impressive $107 million in inflows, with trading volume reaching nearly $1.1 billion.
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Bullish Sentiment Ahead of U.S. Presidential Elections
Experts also predict a massive rally for Ethereum as the U.S. presidential elections approach. The high bullish sentiments in the market, coupled with positive news about Ethereum, suggest that its price could see significant gains before November.
With these factors in play, the Ethereum community is eagerly watching to see if the price will indeed skyrocket as predicted.
Vitalik on Ethereum’s Future
Today Buterin talked about the Ethereum blockchain’s future use & emphasised the need to make Ethereum accessible to both newcomers and experienced users while maintaining its core values.
He highlighted the challenge of appealing to varying skill levels without relying on centralised infrastructure. Buterin also stressed the importance of cross-chain interoperability and encouraged developers to reduce friction in asset transfers across Layer 2 networks. He envisions a future where Ethereum combines user-friendliness, decentralised architecture, and gradual steps towards more decentralisation.
Ethereum price action
The current trade price of Ethereum (ETH) coin is $2,999 & this price is 9% down over the last 30 days period. Notably the trade price of ETH coin crashed 4% in the last 24 hours, following some bad news related to the volatile money market.
Read also: Trump’s Election Winning Chances Drop to 54% Amid Rising Crypto Support for Kamala Harris
Ethereum Price Surge Expected Amid Rumors About Vitalik Buterin’s Girlfriend and ETF Success
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